Overview
- Andhra Pradesh’s investment board approved a greenfield Royal Enfield factory in Satyavedu with a planned outlay of about ₹2,200 crore.
- The state allotted 267 acres across Vanelluru and Rallakuppam in Tirupati district for the plant, which will be the company’s first major site outside Tamil Nadu.
- Development will run in two phases with the first targeted by 2029 and full rollout by 2032, adding nearly 9 lakh motorcycles to annual capacity.
- Phase one includes a vendor park that brings parts makers next door to the assembly lines, a setup that can cut logistics time and seed a local auto cluster.
- Officials expect around 5,000 direct and indirect jobs, while some reports carried differing figures and noted they were awaiting direct comment from Eicher Motors.