Hero Company to set-up plant at Chittoor?

 It seems AP state cabinet’s decision to allot 600 acres of land at Sri City in Chitoor district to Hero Moto Corp Company underlines the point that the Company has formally agrees to set-up its first ever two wheeler manufacturing plant in south India in Andhra Pradesh state. Earlier, it tilts toward Telangana state, but seems has changed its mind after CM Chandrababu Naidu talked with its MD Pawan Munjal at Andhra Bhavan during his recent visit to New Delhi.

The Company seems to be satisfied with his assurance over getting special status to the AP state, with which it may get a tax holiday for five years. The other aspect that may encourage Hero Motocorp Company to tilt toward may be the location offered by AP government. Chittoor is very ideal for it to cover entire southern India, comparatively Telangana.

If, the Company sticks to its decision steadily, it would be a blessing for Andhra Pradesh state.If, the plant is set-up at in Chitoor, it will bring huge direct and indirect employment sources to the state. This plant will bring along several ancillary units with it. It will boost the scope for hotel, transport, realty, business houses, small, medium scale industries and traders. Thousands of skilled and semiskilled persons may get direct or indirect employment if this plant becomes operational.