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Eicher Motors’ JV to roll out Multix in Nepal next month

20 Jun 2017 Evaluate

Eicher Motors’ 50:50 joint venture (JV) with US-based Polaris Industries Inc - Eicher Polaris is gearing up to expand its presence in metro cities in India and overseas markets such as Central and South America.

The company will enter Nepal through a dealership in Kathmandu next month and will roll out Multix, while it is also exploring opportunities in Bangladesh and African countries.

Eicher Polaris, maker of mini pick-up truck Multix, is looking to open a total of 150 dealers in 150 cities by the end of year. It has 80 dealers in operation and nearly 25 under development.



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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