Friday 15 February 2013

Royal Enfield to hike production in 2013


it's good news for all of the country's thumper fans as Royal Enfield has announced its eagerness to increase the production capacity of its motorcycles in 2013. With demand for its bikes at an all time high it was necessary for the Chennai based two-wheeler manufacturer to boost its production. For this very reason the company has invested Rs 150 crore in a new facility in Chennai and anticipates production to start within three months. With the addition of new facility Royal Enfield expects to increase its production capacity beyond 1.5 lakh units per annum. 

Speaking on the occasion, Siddarth Lal, MD & CEO (Eicher Motors Ltd) said, "With our new plant at Oragadam (near Chennai) coming on-stream within the next few months, in 2013 we will have a total combined capacity of 1,50,000 units. We are already working to increase it beyond that by 2014."

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