Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7314.85
-39.65 (-0.54%)
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Royal Enfield to invest Rs 500 crore towards product development

Date: 18-02-2015

Royal Enfield, the two-wheeler division of Eicher Motors, is planning to invest Rs 500 crore in 2015 on various activities, including setting up of two technology centres and increasing its production capacity to 4.5 lakh units annually. The firm will set up these two technology centres in Chennai and UK.

Royal Enfield currently sells various models, including Bullet, Classic, Thunderbird and Continental GT.

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