In a bid to strengthen position in the niche bike market, Eicher Motors’ business division, Royal Enfield is planning to ramp-up its production capacity beyond 1,50,000 units per annum by 2014.
The company is presently setting up a new plant near Chennai at an investment of Rs 150 crore and with the help of this, the company will have a total combined capacity of 1,50,000 units.
Eicher Motors reported 4.5% fall in profit after tax for the calendar year 2012 at Rs 474.9 crore, as against Rs 497.4 crore in 2011. The company’s total income from operations was at Rs 6,389.9 crore as against Rs 5,684.4 crore in the previous year.
Company Name | CMP |
---|---|
Bajaj Auto | 9943.00 |
Hero MotoCorp | 5787.50 |
TVS Motor | 2502.40 |
Eicher Motors | 4925.75 |
Atul Auto | 554.80 |
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