Eicher Motors allotted 50 acres of land by TN Government

Eicher Motors Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 505200 | NSE: EICHERMOT

13 Jul 2011 Evaluate

Eicher Motors, a two-wheeler manufacturer, has been allotted 50 acres of land at Oragadam SIPCOT Industrial Park, near Chennai by the Tamil Nadu Government. The company has been allotted the land for its proposed expansion plans. The TN chief minister Jayalalithaa presented a letter in this regard to the company's managing director.

Considering the infrastructure facilities and conducive business atmosphere, Eicher Motors decided to set up its operations in the state of TN. The company had proposed to expand operations at a cost of Rs 350 crore and increase annual production from 50,000 units to 1.5 lakh units per year and was looking for suitable land to set up unit. Before entering to TN, Eicher was mulling to start operations in a neighbouring state and the latest venture from the company will ensure 900 direct and indirect employment opportunities.

Chennai is all set to emerge as one of the top five global clusters with more automobile majors evincing interest in having presence here in the state and the TN Government vision is to make the city world's largest auto cluster.

Earlier on February this year, Eicher Motors was planning to invest Rs 500 crore in the next three years to expand its capacity for trucks and buses to 100,000 units per year from current 48,000 units. The company would finance the expansion plans at its Madhya Pradesh plant through internal cash flow.

Eicher Motors is engaged in manufacturing of commercial vehicles, motorcycles and engineering components. In 1986, the company introduced its first product ‘Canter’. It is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.

Eicher Motors Share Price

7181.15 70.75 (1.00%)

04-May-2026 12:11 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	10125.00
Hero MotoCorp	5084.90
TVS Motor	3470.90
Eicher Motors	7181.15
Ather Energy	920.60
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.