Eicher Motors announces ₹2,200 crore expansion plan
pre-market1 source ↓written by the desknot a recommendation
- in a manufacturing
- ₹2,200 crore
- are trading
- ₹7,393
- today
- 1.11%
- return
- 34.74%
Eicher Motors is investing ₹2,200 crore in a manufacturing expansion in Andhra Pradesh, aimed at boosting production capacity for Royal Enfield. This significant move signals a shift towards large-scale global expansion for the brand, following its successful transformation into a premium motorcycle manufacturer. Shares of Eicher Motors are trading at ₹7,393, up 1.11% today, with a 34.74% return over the past year.
Not investment advice. For informational purposes only.