Top officials of Royal Enfield (RE), the motorcycle making arm of Eicher Motors, on Thursday said in a post earnings call with reporters that despite the rapid recovery in demand seen across all the key markets of the company, the coronavirus (Covid-19) pandemic-induced lockdowns have been impacting production.
The online inquiries for the company's bikes have increased three to four times compared to the pre-Covid-19 levels. There is a lot more to the recovery than just the “pent-up demand” as the bookings are holding up, they said.
“The uncertainties continue, but things are looking up on the demand side for