 "Royal enfield, motorcycle, interceptor, continenta")
Eicher Motors Ltd. Plans a capex of Rs 700 crore in FY 20 on buttressing its Royal Enfield motorbike brand, by expanding a factory and improving a technology centre in two place in Tamil Nadu and launching new products.
The company reported a 13 per cent decline in sales in the March quarter at 1,97,567 units. Siddhartha Lal, Eicher Motors managing director, said the industry is down and the company, after almost a decade of growth, will use the time to look at things afresh and reinvent itself.
Royal Enfield’s reported Rs 545 crore as Profit After Tax in the
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