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Thread: Royal Enfield to increase capacity to 1 lakh

  1. #1
    Official xBhp NewsMonger
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    Default Royal Enfield to increase capacity to 1 lakh

    Chennai-based Royal Enfield, makers of iconic Bullet, on Sunday, announced that it will double its capacity to 1 lakh units per annum by the turn of 2012 to meet its rapidly growing demand, PTI reported.
    The company will be investing nearly Rs 80 crore to ramp up its capacity at its Chennai plant in a phased manner, Royal Enfield Marketing & Sales Head, Shaji Koshy said. He was speaking at the opening of the companys 11th Brand Store in the country in New Mumbai.

    The company has already almost doubled its capacity from 28,000 units in 2007-08 to 52,000 units in 2009. The Siddharth Lal-promoted company will be jacking up its capacity to over 60,000 units this calendar year.

    Production at Royal Enfield has been running at full capacity for over a year, with demand generated by domestic and international markets continuing outpace supply.

    The expansion plan will nearly double Royal Enfield's production with progressive increases in capacity over the next three years, allowing the brand to continue to keep pace with the brisk sales of its new model line.

    Source: Royal Enfield to increase capacity to 1 lakh-WheelsUnplugged Automobile Industry News)

  2. #2
    Super Moderator sunilg's Avatar
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    News approved.
    (Been There Done That) x 3.25

  3. #3
    Rusted aargee's Avatar
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    Its really confusing & difficult to follow-up on so many news coming up everyday. I was faintly able to recall a thread reading several days back that RE was aiming to double its capacity here -

    And we've another news now that is almost similar. Could we capture all the related news into one thread for better understandability? Creating new threads for each & every day from each & every website makes it difficult to understand the updates.
    Skill is what keeps you on a Motorcycle
    Awareness + Skill is what keeps you out of harm's way
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