Royal Enfield to Set Up Third Plant in India

The Eicher Motors-owned Royal Enfield currently has two facilities in Tamil Nadu, India.

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Siddhartha Lal, CEO and Managing Director, Eicher Motors, further added that the first phase of the new plant will aid the proposed increase in production and the work for which will begin in 2016.

Other than the new plant, Royal Enfield is also looking to launch new products; well, 2 to be precise. Mr Lal said the bikemaker will bring in 2 new models, out of which one will be launched in early 2016, while the other has an expected launch date of 2017.

Furthermore, Royal Enfield also plans to strengthen its dealership network across India and establish 500 dealerships by the end of the year.

Internationally, Royal Enfield has been working equally hard. Last month, the company announced its first exclusive stores in Madrid and Paris. In fact, the bikemaker is expanding its presence in the European markets with over 80 dealerships across France and 25 in Spain. In September, it had announced its entry in the Indonesian market at Gaikindo Indonesia International Auto Show (GIIAS) 2015. The company will soon commence retail operations in Indonesia via its exclusive dealership in Jakarta.