 "Eicher Motors bets on festive season, new launches to prop up sales")
Midsize motorcycle maker Royal Enfield said that it aims to become a $5 billion global company and also plans a new launch every quarter, according to a report by brokerage Motilal Oswal.
The report quoted the motorcycle maker's Managing Director Vinod K Dasari after an interaction with him. However, the report did not mention the time frame in which the company plans to achieve the financial target.
The report said that the company's management has a clear focus on cruiser biking in both the domestic and export markets. It also has a strong pipeline for the next 5-7 years, with
