Eicher Motors’ two-wheeler division -- Royal Enfield has planned capital expenditure (CAPEX) of Rs 700 crore for FY 2019-20. The planned CAPEX will include completion of the construction work of the Technology Centre, Phase-2 of the Vallam Vadagal plant in Tamil Nadu and towards the development of new platforms and products. Also, for 2019-20, Royal Enfield plans a production of 950,000 motorcycles.
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 | 9792.05 |
| Hero MotoCorp | 5260.85 |
| TVS Motor | 3752.25 |
| Eicher Motors | 7236.25 |
| Ather Energy | 895.95 |
| View more.. | |
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