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Royal Enfield plans Rs.800 cr capex for FY 2018-19

By Niranjan Mudholkar,

Added 03 April 2018

Investment to include the start of construction of Phase-2 at Vallam Vadagal

"We continue to strengthen our offerings with new models and variants such as the new Thunderbird X, the Classic Gunmetal Grey, Stealth Black and Redditch series, as well as our soon-to-be-introduced Twins. With a wide distribution network in India, a growing international presence and state-of-the-art capabilities in product development, Royal Enfield is well positioned to grow the middleweight motorcycle segment globally," said Siddhartha.

In 2018-19, with the first phase of the Vallam Vadagal factory enjoying its first full year of operations, and with productivity optimization at its Oragadam plant, Royal Enfield will have an annual production capacity of about 950,000 units.

END