· Manufacturing & Investment · Source: thehindubusinessline.com

Raymond Group to invest ₹1,000 cr in Andhra Pradesh in aerospace, automotive manufacturing

Raymond Group will invest ₹1,000 crore in Andhra Pradesh to establish aerospace and automotive manufacturing units, creating 5,400 direct jobs in Sri Satya Sai District. The state government is supporting the projects with ₹700 crore in incentives under Industrial Development Policy 4.0. Aerospace production is set to begin in May 2027, marking AP’s first investment under its new aerospace policy.

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