Eicher Motors approves ₹958 crore capacity expansion for Royal Enfield
after close1 source ↓written by the desknot a recommendation
- capacity expansion plan
- ₹958 crore
- boost production
- 14.6 lakh
- annually by FY
- 20 lakh units
Eicher Motors Limited has approved a ₹958 crore capacity expansion plan for Royal Enfield motorcycles, aiming to boost production from 14.6 lakh to 20 lakh units annually by FY 2027-28. This brownfield expansion at its Tamil Nadu plant will be funded through internal accruals and is set to commence in Q1 FY 2026-27. 📈
This strategic move is expected to enhance production capabilities and meet rising demand, potentially impacting market sentiment positively for the automotive sector.
Not investment advice. For informational purposes only.