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Royal Enfield Plans To Ramp Up Production By Year End
The world's oldest motorcycle manufacturer, the iconic Royal Enfield is set to ramp up its production line to cut down waiting periods and keep up with demand.
Royal Enfield will ramp up its production to 52,000 units per month by December this year, from its current production capacity of 36,500 units.
The company has grown over 45 percent in the first half of this calendar year and is hopeful of sustaining the present growth going forward.
Rudratej Singh, the President of Royal Enfield said, "To meet the growing demand, we have decided to ramp up our capacity to around 52,000 units by December from the present 36,500 units a month."
"We have also taken land for a third plant near the existing plants for Rs.70 crore, as we foresee the current phase of robust demand to continue."
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