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Eicher Motors’ motorcycle division to secure land parcel for greenfield facility in Andhra Pradesh

18 May 2026 Evaluate

Eicher Motors’ motorcycle division -- Royal Enfield is set to secure a land parcel for a new greenfield manufacturing facility in Tada (Tirupati), Andhra Pradesh. The company plans to invest around Rs 2,500 crore for the greenfield expansion. Subject to approval by the company’s board, the project will be implemented in a phased manner, calibrated to future demand and market conditions.

Currently, the company has a capacity of around 14.6 lakh motorcycles per year, which is close to full utilisation. In February 2026, Royal Enfield announced a Rs 958 crore investment for capacity expansion in Cheyyar Tamil Nadu which will increase the total capacity to 20 lakh units.

Eicher Motors 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 11684.00
TVS Motor Company 4127.50
Hero MotoCorp 5225.00
Eicher Motors 7540.00
OLA Electric Mobilit 38.56
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