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Eicher Motors’ Royal Enfield to invest Rs 700 crore as CAPEX for FY20

02 Apr 2019 Evaluate

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.

Peers
Company Name CMP
Bajaj Auto 9953.55
TVS Motor Company 3957.00
Hero MotoCorp 5045.85
Eicher Motors 6928.20
OLA Electric Mobilit 37.01
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