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Eicher Motors expands Royal Enfield plant in India to boost motorcycle output, fueled by strong demand and record profits.
Eicher Motors approved a ₹958 crore expansion of its Royal Enfield plant in Cheyyar, Tamil Nadu, to boost annual motorcycle production capacity from 14.6 lakh to 20 lakh units, with work starting in Q1FY27 and completion expected by FY28.
The project, funded through internal accruals, aims to meet rising demand amid near-full utilization of current facilities.
The company reported a 21% year-on-year increase in consolidated net profit to ₹1,420 crore for the December quarter, driven by a 23% revenue rise to ₹6,114 crore, supported by strong Royal Enfield demand and improved performance in its commercial vehicle arm.
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Eicher Motors expande la planta Royal Enfield en India para aumentar la producción de motocicletas, impulsada por una fuerte demanda y ganancias récord.