Hero Electric will set up a greenfield manufacturing unit in Salarpur industrial area in Rajasthan. The Rs 1,200-crore facility will be spread over 170 acres and have an annual capacity of manufacturing two million units, as reported by Economic Times (ET). Hero Electric is the largest electric two-wheeler maker in India.
The plant has been strategically planned within 100 km of Delhi Airport and close to automotive clusters in the National Capital Region (NCR), the company's MD Naveen Munjal told ET.
The report added that the company has already taken necessary permissions from the Rajasthan government and the unit is