Company wants to build manufacturing plant, in product development and R&D centres
The Royal Enfield gear is about safety and style without compromising on comfort
Investment will be towards product development, capacity expansion and R&D
To rectify issues including engine noise, hard gear shift, stand gap & change of sari guard on an unspecified number of units
RE's helmets, riding gear, saddle bags and others will be sold through e-commerce site
Company's total motorcycle sales stood at 48,604 units
At Rs 18,400 per share, value up 100 times since Lehman crisis
Company achieves over 50,000 'significant' motorcycle sales in a month
The Himalayan comes with a five-speed gearbox and 24.5 BHP engine.
Sales of motorcycles with engine capacity of up to 350 cc increased by 65%
Thailand is the 5th largest two-wheeler market in the world as of December 2015