Royal Enfield expands production capacity to 20 lakh units
pre-market1 source ↓written by the desknot a recommendation
- investment to expand
- ₹958 cr
Royal Enfield's parent company, Eicher Motors Ltd, has approved a ₹958 cr investment to expand annual production capacity at its Cheyyar plant from 14.6 lakh to 20 lakh units. This expansion will support the production of new models like Bullet 650 and Flying Flea C6, addressing increasing demand. 📈
The move is expected to enhance market competitiveness and meet future demand projections effectively.
Not investment advice. For informational purposes only.