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Eicher Motors to open 500 retail stores selling biking gear by year end

22 Jul 2015 Evaluate

Eicher Motors is planning to open 500 retail stores selling biking gear by the end of the year. It has added new stores in Europe, Australia and Columbia, and will open an exclusive store in Dubai as well.

It has sold over 1 lakh Royal Enfield bikes during the June quarter, the best ever for the company so far. The company’s order book was strong and it has set up two arms in Brazil and US to expand operations.

Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.

Peers
Company Name CMP
Bajaj Auto 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
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