Rs 2,500 crore-project to generate 15,000 employment opportunities
VIJAYAWADA: Chief Minister N. Chandrababu Naidu has welcomed the Royal Enfield to Andhra Pradesh with an expectation for a smooth ride for the project powered by the Speed of Doing Business.
A delegation from Royal Enfield led by its managing director and chief executive officer B. Govindarajan met the CM at the Secretariat here on Monday and discussed Royal Enfield’s proposed integrated motorcycle manufacturing project coming up at Vaneluru and Rallakuppam villages in Satyavedu mandal in Tirupati district.
Naidu in a post on ‘X’, said, “The proposed project involves an investment of nearly Rs 2,500 crore and a manufacturing capacity of nine lakh motorcycles per annum. The project will include a state-of-the-art manufacturing facility, testing track, R&D centre and a dedicated vendor park ecosystem.”
“Importantly, the project is expected to generate nearly 15,000 direct and indirect employment opportunities, creating significant economic activity and industrial growth in the region. I have assured continued support from the AP government in ensuring speedy clearances and accelerated execution. Our goal is to help complete the project in 18 months, instead of the proposed 24 months. Our Speed of Doing Business will ensure the project moves faster and now Royal Enfield must match it with equal speed in project execution,” he said.
“I was also pleased to learn more about Royal Enfield’s first-ever electric motorcycle, the Flying Flea C6 (FF.C6). We further discussed the future of sustained mobility and AP’s growing leadership in the energy transition through large-scale development of solar, wind, pumped storage, battery energy storage systems and other renewable energy ecosystems. As India moves toward cleaner mobility and energy security, AP is committed to building the infrastructure, manufacturing ecosystem and policy support required to emerge as a major hub for future mobility, advanced manufacturing and green industrial growth,” added Naidu.
Later, Naidu examined the models for Bullet 350 cc motorcycles and the delegation presented a 350-cc Bullet miniature to CM. Moreover, the CM wore a helmet and sat on the Bullet and flashed his trademark victory sign.
