Royal Enfield has signed a MoU with Tamil Nadu government to invest Rs 3,000 crore in the State over a period of eight years.

A company statement said that the investments are expected to generate about 2,000 direct and indirect jobs in the region.

Royal Enfield CEO B Govindarajan exchanged documents with Tamil Nadu Industries Department Secretary V Arun Roy during GIM 2024 in the presence of Chief Minister M K Stalin.

"Tamil Nadu has been our home, anchor for our engineering, technical and manufacturing foundations for several decades. This strategic investment in Tamil Nadu marks a significant milestone for us at Royal Enfield." Govindarajan said.

"We extend our heartfelt gratitude to the Government of Tamil Nadu for their unwavering support, and we are eager to partner with the government and create a positive impact on the community and contribute to the state's overall economic prosperity," he said.

Royal Enfield has manufacturing facilities in Oragadam and Vallam Vadagal, producing a range of its motorcycles.