Raymond Group is investing around ₹1,000 crore to establish aerospace and automotive component manufacturing units in Andhra Pradesh’s Anantapur district. 

The initiative marks a strategic diversification beyond textiles into high-precision engineering, defense, and mobility manufacturing.

Raymond’s aerospace involvement dates back nearly two decades, supplying mission-critical components to aircraft manufacturers. 

The new facilities in Andhra Pradesh align with the state’s drive to attract advanced manufacturing and defense investments through targeted incentives.

The expansion supports Raymond’s long-term goal of integrating advanced engineering into its portfolio, leveraging India’s growing potential in electric mobility, defense, and export-oriented aerospace manufacturing.