Royal Enfield, the two-wheeler division of Eicher Motors, is planning capital expenditure (capex) of Rs 800 crore for the year 2018-19. The capex will include the commencement of construction of Phase-2 of the Vallam Vadagal plant in Tamil Nadu this year.
Royal Enfield will set up wholly owned subsidiaries in Indonesia and Thailand in 2018-19. Besides, Royal Enfield will have an annual production capacity of about 950,000 units with the first phase of the Vallam Vadagal factory with its first full year of operations and with productivity optimisation at its Oragadam plant.
Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 9777.15 |
| Hero MotoCorp | 5229.25 |
| TVS Motor | 3743.60 |
| Eicher Motors | 7189.40 |
| Ather Energy | 850.65 |
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