Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7314.85
-39.65 (-0.54%)
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Eicher Motors’ arm to ramp up production at its two facilities

Date: 24-11-2014

Eicher Motors’ arm Royal Enfield is looking to ramp up production at its two facilities besides setting up a third plant. The company has been witnessing huge demand for its products soon after launch of various models, including the ‘Classic’ range. To augment the expansion plans, the firm recently acquired land near Chennai to set up another facility.

Royal Enfield currently has two manufacturing facilities one each at Tiruvottiyur and Oragadam near Chennai. For the proposed third unit at Vallam Vadagal near here, over 50 acre land was acquired at a cost of Rs 57 crore.

Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.