Hero Centre, new plant and bikes, and India investment by Hero MotoCorp
India‚Äôs leading two wheel manufacturers, Hero MotoCorp have announced a new state of the art Research and Development Center in Rajasthan. To be spread over an area of 250 acres in Kukas in Jaipur, the largest two wheeler R&D Center in the country will be built at an initial investment of INR 450 crores. It will be ready for operations by the first quarter of 2015.
Hero MotoCorp has over 400 engineers employed at their R&D Centers in Gurgaon and Dharuhera plants in Haryana and will be launching more than a dozen models of motorcycles and scooters between September and March 2014. Besides the R&D Center in Rajasthan, the company will be investing further in two more projects in Rajasthan. A manufacturing plant and global parts center at Neemrana will both be operational by first quarter of 2014 and will provide direct employment to around 3,000 persons.
HERO MOTOCORP COMMENCES CONSTRUCTION OF ITS ‚ÄúGAME-CHANGING‚ÄĚ CENTRE OF GLOBAL INNOVATION AND RESEARCH & DESIGN
TO CREATE A GLOBAL TALENT POOL FOR DEVELOPING ITS FUTURE PRODUCT LINE-UP AS AN ENABLER OF NEXT-GEN TECHNOLGICAL REVOLUTION
TOTAL INVESTMENT IN RAJASTHAN TO EXCEED RS 1300 CRORE WITH 4TH PLANT AND GLOBAL PARTS CENTRE COMING UP AT NEEMRANA
TO GENERATE EMPLOYMENT OPPORTUNITIES TO 3000 PEOPLE IN THE STATE
Marking a significant milestone in its committed journey towards next-generation technological excellence, Hero MotoCorp Ltd (HMCL), the world‚Äôs largest single two-wheeler manufacturer, today commenced construction of its Rs 450 Crore ‚ÄėHero Centre of Global Innovation and Research & Design (R&D)‚Äô at Kukas, near Jaipur in Rajasthan.
The setting-up of the futuristic state-of-the-art ‚ÄėHero Centre of Global Innovation and R&D‚Äô ‚Äď about 20 kilometers north of Jaipur – is also a major step towards India‚Äôs steady emergence as a global R&D hub in the world map.
“This is the beginning of an exciting journey for us. With Hero Centre of Global Innovation and R&D, Kukas is going to be on the global map with a truly international centre of excellence ‚Äď not just in terms of its design, development, testing and validation facilities, but also in terms of the diversified pool of human talent from all over the world. Once operational, this centre will bring about game-changing breakthrough technologies with the power of its intellectual creativity and innovations.‚ÄĚ
‚ÄúWe are currently investing about Rs 450 crore in Hero Centre of Global Innovation and R&D with plans to commence operations by 1st quarter of calendar year 2015. We will acquire the best of global talent to build a truly multi-cultural, multi-national set-up here, which will also play the role of a catalyst in nurturing multi-faceted local talent through knowledge sharing‚ÄĚ.
Mr. Pawan Munjal, Managing Director & Chief Executive Officer, Hero MotoCorp, laid the foundation stone of the Centre here today in the presence of the company‚Äôs global technology partners ‚Äď Mr. Erik Buell of Erik Buell Racing (EBR), US; Mr. Alberto Strazzari of Engines Engineering, Italy and Mr. Markus Feichtner of AVL, Austria.
In just over two years since commencing its solo journey, Hero MotoCorp has significantly scaled up its in-house Research and Design capabilities with over 400 highly-skilled engineers working on future product line-up. The company‚Äôs current R&D centres, located at the Gurgaon and Dharuhera factories, will shift to ‚ÄėHero Centre of Global Innovation and R&D‚Äô at Kukas ‚Äď thus creating a nucleus for the key technological functions.
As Hero MotoCorp relentlessly spreads its global footprint across Africa, Latin and Central America and rest of Asia, ‚ÄėHero Centre of Global Innovation and R&D‚Äô will play a crucial role in developing the range of next-generation Hero two-wheelers for its customers in India and around the world. With robust plans for the Global Market, Hero MotoCorp is also spreading its manufacturing base worldwide to more than 20 locations across continents by year 2020.
Key features of ‚ÄėHero Centre of Global Innovation and Research & Design
Self-sufficient facilities for New Product Design, Prototype manufacturing, Testing and Validation
State-of-the-art green building designed by international Architects & Design consortium, using best of global technologies
Multiple Test Tracks to simulate all Indian and international test conditions
More than 600 Engineers & Support staff
Leading edge Studios for Concept Design; Design of Engine / Frame / Electrical / Chassis Parts
Computer Aided Engineering (CAE) / Finite Element Analysis (FEA)
Multiple Labs for:
- Design Validation & Product testing
- Material & Environmental testing
- Components / system performance & Simulation
- Vehicle Performance & Durability
- NVH (Noise Vibration Harshness )
- Emission and EMC (Electro Magnetic Compatibility)