Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7319.60
4.75 (0.06%)
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Eicher Motors to open 500 retail stores selling biking gear by year end

Date: 22-07-2015

Eicher Motors is planning to open 500 retail stores selling biking gear by the end of the year. It has added new stores in Europe, Australia and Columbia, and will open an exclusive store in Dubai as well.

It has sold over 1 lakh Royal Enfield bikes during the June quarter, the best ever for the company so far. The company’s order book was strong and it has set up two arms in Brazil and US to expand operations.

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