Key Highlights
- Exports declined 2 per cent to 9,657 units compared to 9,871 units in the year-ago month, the company said.
- “February continues the positive momentum we have seen this financial year, reflecting sustained demand across markets and our growing global community,” Royal Enfield CEO B Govindarajan said.
- To prepare for current and future growth, the company recently announced plans for a capacity addition that will be achieved over the next 18 months through a brownfield expansion at the Cheyyar manufacturing facility in Tamil Nadu, he added.
- “This will take our annual production capacity up to 20 lakh units from the existing 14.6 lakh units.
- Rooted in our long-term goal to build readiness into our operations, this expansion aims to serve our community as the demand grows.
