NPTL Wins ₹52.5 Crore HeroCorp Contract; New AP Plant Planned

National Plastic Technologies Ltd. has received a Letter of Comfort from Hero MotoCorp for the manufacturing and supply of both painted and unpainted plastic body parts.

The estimated annual order value stands at up to ₹52.50 crore. As part of the agreement, the company will establish a new manufacturing unit at or near Sri City/Tirupati, Andhra Pradesh, which is expected to be completed within six to eight months.

During the interim period, National Plastic Technologies will continue to meet supply requirements from its existing facilities. The agreement has a tenure of three years, marking a significant expansion of the company’s partnership with Hero MotoCorp.

News by Rahul Yelligetti.