Page 11 - Royal Enfield

Royal Enfield starts production at Vallam Vadagal facility near Chennai

Royal Enfield acquired a 50-acre plot in Vallam Vadagal in October 2014

Royal Enfield does not need a partner, says Siddhartha Lal

The company is setting up two tech centres for product development in the UK and India

Royal Enfield sales up 25% at 60,696 units in May

Exports during month under review grew 49.34% to 2,049 units as compared to 1,372 units in May 2016

Royal Enfield identifies 4 core markets overseas, to double retail presence

Royal Enfield (RE) is planning to almost double its exclusive retail presence in the international markets as part of its expansion strategy overseas. RE has identified four core markets overseas - Tailand, Indonesia, Columbia and Brazil - which could become very large markets for the company over a period of time.Siddhartha Lal, managing director and CEO, Eicher Motors Ltd said that so far the company has opened around 25 exclusive stores overseas and plans are to add another 20-25 stores during this year. The pace of adding exclusive stores should continue as RE get into the coming year as well.During the investors call, Lal said, outside of North America, Europe and Australia, which are more mature markets which will be on a hopefully good but not exclusive growth trajectory.RE has identified four key markets - Thailand, Indonesia, Columbia and Brazil - where it would invest over the next many years. In Columbia the company has 5-6 stores, but in the rest of the countries RE only ..

Royal Enfield may acquire Ducati, say reports but co denies move

Ducati is expected to fetch around Rs 10,500 crore from the deal

Royal Enfield to invest Rs 800 crore to expand capacity

Eicher Motors is planning to invest around Rs 1,250 crore in 2017-18 both in Royal Enfield and VE Commercial Vehicles (VECV).The proposed investment of around Rs 800 crore by Royal Enfield would be towards company's upcoming manufacturing facility at Vallam Vadagal near Chennai, product development, two technical centres in UK & India and towards market expansion. The plant is expected to be operational by August 2017. With this third plant, combined capacity of Royal Enfield is expected to be 825,000 motorcycles in 2017-18. "Our immediate business outlook remains strong and Royal Enfield continues to grow consistently, competitively and profitably towards leading and expanding the mid-sized motorcycle segment globally" said Siddhartha Lal, MD & CEO, Eicher Motors Ltd.VE Commercial Vehicles (VECV) is planing to invest around Rs 450 crore in 2017-18 across all areas of its business.Meanwhile, Eicher Motors has reported a net profit of Rs 459.44 crore as compared to Rs 343.10 ...

Royal Enfield sales up 25% at 60,142 units in April

Exports during April under review grew 36% to 1,578 units as compared to 1,160 units in April 2016

Royal Enfield sales grow 25% in April

Over 60,000 units sold in April

Royal Enfield enters Brazilian motorcycle market with three models

Royal Enfield has strong presence in Colombia, another important two-wheeler market in Latin America

Eicher CEO downplays Bajaj claims, says not easy to unseat Royal Enfield

Enfield enjoys almost the entire 250-350 cc motorcycle market in country

Royal Enfield sales up 17% at 60,113 units in March

Exports during the month under review grew by 24% to 1,564 units

Royal Enfield: Eicher's unconventional CEO Lal is driving firm in top gear

Siddhartha Lal, who is now eyeing a global presence for Royal Enfiel, is BS CEO of the Year 2016

Not worried about Bajaj, says Royal Enfield chief

Bajaj's Dominar sells 3,000 units in first month, plans to reach 10,000 units by September

Royal Enfield sales up 18.88% at 58,439 units in February 2017

The two-wheeler manufacturer had sold 49,156 units in February 2016

Enfield's new unit to start production in FY18

The new plant is coming up at Vallam Vadagal, around 7 km from the company's Oragadam facility near Chennai

Royal Enfield's new Chennai unit to start production in 9 months

Company's total production capacity will increase to 900,000 units a year once the new facility starts

Royal Enfield's new Chennai facility will commence production in 9 months

By end of the current year, total capacity of Royal Enfield would be around 6,75,000 units

Royal Enfield sales jump 30% to 57,842 units in September

The company had sold 44,491 units in the same month last year, a company statement said

Enfield taps techies for Himalayan journey

Launched in March this year, the motorcycle maker has managed to sell around 4,000 units in the country so far

Royal Enfield sales jump 31% to 53,378 units in July

Exports soared 40% to 1,250 units compared with 893 units in the corresponding month last year