# Raymond Group to invest Rs 943 crore in Andhra Pradesh for aerospace and auto component plants

Raymond Group will invest Rs 943 crore to set up an auto component manufacturing facility at Gudipalli (Rs 430 crore, 4,096 jobs) and an aerospace manufacturing facility at Gudipalli and Tekulodu (Rs 510 crore, 1,400 jobs) in Andhra Pradesh. Production is expected to start in May 2027.

- Type: Investment
- Announced: 2025-10-08
- Where: Gudipalli and Tekulodu, Anantpur, Andhra Pradesh, India
- Value: $113.0M (9.43B INR)
- Jobs: 5,496
- Starts operating: May 2027
- Status: announced
- Products: auto components, aerospace structures
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Raymond Corporation](https://endata.com/companies/1560.md)
- [JK Maini Global Aerospace](https://endata.com/companies/87732.md)

## Sources

- [moneycontrol.com](https://www.moneycontrol.com/news/business/raymond-group-to-invest-rs-943-crore-in-andhra-to-set-up-global-aerospace-manufacturing-and-auto-component-ventures-13603687.html), 2025-10-08: "The two facilities will create over 5,000 jobs."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.