Royal Enfield Rides Into Andhra Pradesh with Major Investment
- Royal Enfield, owned by Eicher Motors, will invest Rs 2,200 crore to build a manufacturing facility and vendor park in Satyavedu, Tirupati district, marking its first major expansion outside Tamil Nadu.
- The project was approved by the Andhra Pradesh State Investment Promotion Board and aims to generate about 5,000 direct and indirect jobs while adding nearly nine lakh units to Royal Enfield's manufacturing capacity.
- The state government allocated 267 acres of land in Vanelluru and Rallakuppam villages near the Andhra Pradesh-Tamil Nadu border for the project, planned in two phases with expected completions by 2029 and 2032.
- Andhra Pradesh IT Minister Nara Lokesh stated that this investment strengthens the state's industrial ecosystem, infrastructure, and investor-friendly policies, boosting southern Andhra Pradesh's development as a preferred manufacturing destination.
13 Articles
13 Articles
Andhra bags Royal Enfield's Rs 2,200 crore first expansion project outside Tamil Nadu
Amaravati: Royal Enfield, a motorcycle manufacturer owned by Eicher Motors, will invest Rs 2,200 crore to establish a manufacturing facility and vendor park at Satyavedu in Tirupati district, marking the company’s first major expansion outside Tamil Nadu. The project, approved by the State Investment Promotion Board (SIPB) chaired by Chief Minister N Chandrababu Naidu, is expected to strengthen Andhra Pradesh’s automobile manufacturing ecosystem…
Times of India
The Economic TimesRoyal Enfield will expand outside Tamil Nadu, to set up unit in Andhra Pradesh
Royal Enfield is investing Rs 2,200 crore to build a new manufacturing facility and vendor park in Andhra Pradesh. This marks the company's first expansion outside Tamil Nadu. The new plant will significantly increase Royal Enfield's annual motorcycle production capacity. The project is expected to create thousands of jobs and boost Andhra Pradesh's manufacturing sector.
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