Chennai-based motorcycle maker Royal Enfield is I well on its way to post its highest ever output of 8.5 lakh units in FY23, on the back of improved supply chain and increased demand for its new models. The exports for the year are also set to breach one lakh units for the first time and account for 12 percent of its total output.
If the company achieves its target, it will be the first year of positive growth recorded in the last four years for the maker of 650cc premium models like the Meteor and Interceptor.
Autocar Professional has learnt that the company has set itself a target to breach one million units and if the recovery continues, then it may even look to produce about 1.2 million units as per optimistic estimates in the coming financial year.
In the April to September period of FY23, the output was higher by 86 percent to a little over four lakh units. In the second half it is likely to produce about 4.5 lakh units, with output nearing one lakh vehicles per month by the end of Q4FY23.
Denne historien er fra 1st December 2022-utgaven av Autocar Professional.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra 1st December 2022-utgaven av Autocar Professional.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Spain's Fersa Group invests in India-based Delux Bearings
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"Technology and its multiplier effect are driving business transformations and customer experiences"
Technical Centre India is one of Continental’s largest research and development centres in the world, andasa Centre of Competence’ it also develops customised products for the BRIC countries.
