Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7174.75
-144.85 (-1.98%)
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Eicher Motors’ arm to invest Rs 600 crore in current fiscal

Date: 06-05-2016

Eicher Motors’ subsidiary -- Royal Enfield is planning to invest Rs 600 crore during the current fiscal for product development, setting up of two R&D centres and expansion of manufacturing capacities in India and the UK. The UK technology centre will be operational by the second half of 2016-17, while the Chennai centre in India will be operational by 2017-18. In FY 2016-17, the company is planning to manufacture 675,000 motorcycles.

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