# Raymond plans Rs 400 crore greenfield factory in Andhra Pradesh

Raymond Limited expects to invest approximately Rs 400 crore in a greenfield factory in Andhra Pradesh, India, with production scheduled to start in December 2027. The investment is part of a larger Rs 1,000 crore five-year aerospace and automotive expansion.

- Type: New facility
- Announced: 2026-11-05
- Where: Andhra Pradesh, India, India
- Value: $48.0M (4.00B INR)
- Starts operating: Dec 2027
- Status: announced
- Products: aerospace components, automotive components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Raymond Corporation](https://endata.com/companies/1560.md)

## Sources

- [ceofrontier.com](https://ceofrontier.com/articles/raymond-commits-rs-400-crore-to-andhra-factory), 2026-11-05: "Raymond expects to spend about Rs 400 crore on its Andhra Pradesh greenfield factory by December 2027."

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