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Royal Enfield registered a growth of over 45% in the first half of the current fiscal and has decided to ramp up its production capacity up to 52,000 units a month by December from the current capacity of 36,500 units and thus reducing the waiting period for the bike.
Rudratej Singh, Royal Enfield President said:
This will allow Royal Enfield to cut down the waiting period for its bikes - which is about 5 months on an average. The present installed annual capacity for the company is 4.5 lakh units - which it wants to increase to around 6.25 lakh per annum. However Mr.Singh clarified the current year's annual production year will be 450,000 units.
Royal Enfield will also open 85 more sales and service network by December, thus taking its overall network to 500. Out of this over 20 will be in Maharashtra, since the state is one of the largest markets for the brand. At present Royal Enfield has 55 stores, including 3 exclusive gear stores in Maharashtra.
News Source: Enfield to ramp up capacity to 52,000 units per month - The Hindu
Rudratej Singh, Royal Enfield President said:
This will allow Royal Enfield to cut down the waiting period for its bikes - which is about 5 months on an average. The present installed annual capacity for the company is 4.5 lakh units - which it wants to increase to around 6.25 lakh per annum. However Mr.Singh clarified the current year's annual production year will be 450,000 units.
Royal Enfield will also open 85 more sales and service network by December, thus taking its overall network to 500. Out of this over 20 will be in Maharashtra, since the state is one of the largest markets for the brand. At present Royal Enfield has 55 stores, including 3 exclusive gear stores in Maharashtra.
News Source: Enfield to ramp up capacity to 52,000 units per month - The Hindu
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