Hero Motors to invest Rs 2,000 crore by 2020 - Feedback

Diversified group Hero Motors Company has firmed up plans to invest Rs 2,000 crore across its hospitality, auto components and bicycles businesses by the end of next year to scale up operations. While Rs 1,400 crore will be ploughed into Munjal Hospitality, which, along with Godrej Fund Management, is developing 1 million square feet of property in Gurgaon, the remaining funds are earmarked for the automotive parts and bicycles businesses.


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