Hero MotoCorp, the country’s largest two-wheeler maker, announced plans to invest up to Rs 600 crore over the next two years to establish a Global Parts Center in Tirupati, Andhra Pradesh. The new facility, with a capacity of up to 36,700 stock-keeping units (SKUs), will be an expansion of Hero’s existing Global Parts Center 1.0 in Neemrana, Rajasthan. The move is aimed at supporting the future growth in the parts, accessories, and merchandise (PAM) business, which has crossed an annualized revenue of Rs 5,000 crore.