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Excited by demand, but production remains a challenge: Royal Enfield

"The uncertainties continue, but things are looking up on the demand side for motorcycles and it is expected to catch up soon in commercial vehicles," said Siddhartha Lal, MD and CEO at Eicher Motors

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Royal Enfield sold 58,383 motorcycles during the June quarter, down 68 per cent from 181,966 motorcycles sold over the same period in FY20.

Shally Seth Mohile Mumbai
Top officials of Royal Enfield (RE), the motorcycle making arm of Eicher Motors, on Thursday said in a post earnings call with reporters that despite the rapid recovery in demand seen across all the key markets of the company, the coronavirus (Covid-19) pandemic-induced lockdowns have been impacting production.

The online inquiries for the company's bikes have increased three to four times compared to the pre-Covid-19 levels. There is a lot more to the recovery than just the “pent-up demand” as the bookings are holding up, they said.

 “The uncertainties continue, but things are looking up on the demand side for