Royal Enfield to Manufacture Bullet Bikes in Andhra Pradesh!

Royal Enfield is set to establish a Bullet motorcycle manufacturing unit in Tirupati with an investment of ₹2,508 crore after receiving approval from the State Investment Promotion Board (SIPB). In another major boost to industrial growth, Reliance Industries secured approval to set up a massive data center in Visakhapatnam with an investment of ₹1,08,010 crore. The company will also establish a solar power plant and battery energy storage system in Sri Sathya Sai district with an investment of ₹51,000 crore. Meanwhile, Adani Group plans to develop a pumped storage hydro energy project in Kadapa district at a cost of ₹12,000 crore. Overall, SIPB approved investment proposals worth ₹2,00,964.10 crore, which are expected to generate employment for nearly 38,722 people across the state.

Addressing the SIPB meeting, N. Chandrababu Naidu emphasized that every investment proposal should translate into a formal agreement and every agreement should materialize into a functioning project. He directed officials to ensure swift approvals, timely project execution, and investor-friendly governance to position Andhra Pradesh ahead in the competitive investment landscape. The Chief Minister also stressed equal importance for MSMEs alongside large-scale industries, highlighting their key role in achieving the vision of “One Family, One Entrepreneur.” He urged officials to focus on food processing and value addition in crops such as oil palm, mango, coconut, and cocoa to improve farmers’ incomes and strengthen the rural economy.