HERO CYCLE VALLEY PROJECT ,LUDHIANA, PB

HERO CYCLE VALLEY PROJECT ,LUDHIANA, PB

In the Valley, the Hero E Cycles Factory is housed on 100 acre for a Suppliers’ Park. “With Hero Motor Company’s Research and Development (R&D) facilities in Europe (Germany and UK), Hero E-Cycle Valley has been envisaged as a manufacturing hub to meet rising demand for global exports,” Production capacity to 10 million (one crore) units a year, with a production of four million (40 lakh) premium bicycles and E-Cycles, mostly for global sales.

In total outlay to operationalise the E-Cycle Valley and grow Hero International in the EU and UK. The Hero Motor Company (HMC) is spending ₹350 crore on operationalising the E-Cycle Valley, vendors are bringing ₹400 crore. The HMC plans to invest ₹300 crore in R&D and distribution across the EU and the UK.

The Suppliers’ Park will localise production of premium components. Premium bicycle parts maker, Spur Technologies, a subsidiary of Hero Motors Company, has set up a manufacturing unit at the Valley.Hero Cycles is in talks for joint ventures with international players for electric motor localisation and for manufacturing international quality alloy frames and suspension in India.

"Hero Lectro, the E-cycle brand of Hero Cycles, is the market leader and has the widest E-cycle range in India’s organized market, spanning 8 variants including cycles with and without gears. Hero Lectro is spearheading the revolution in the personal smart e-mobility segment which is even more relevant in these times as it caters to hygiene, personal security, physical fitness, sustainability and affordability."

Scope of SANKHLA-Supply and installation of Plant Lighting , UPS , 11KV Ht , MS Piping , HVAC, Pumps for Machine, 2150 KVA DG with 30 Mtr Heighr DG Stack, Electrical Panels,Cable Tray ,Earthing System , Building Lighting systems, Fabrication work done ..

Value of Project Apx.-Rs.13 CR