Royal Enfield Plans 232 Million Dollar Plant Expansion
Royal Enfield will invest 22 billion rupees in an Andhra Pradesh plant to add 900,000 units of capacity. The project is expected to create 5,000 jobs by 2032.
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EICHER MOTORS LTD unit Royal Enfield will invest 22 billion rupees ($232 million) to build a new manufacturing plant in India. The project marks the motorcycle maker's first major production expansion outside its traditional industrial hub in Tamil Nadu. The facility will add 900,000 units to current annual capacity of 1.46 million units.
