'We were running and also changing shoes at the same time'
Autocar Professional|1st July 2023
B Govindarajan, CEO of Royal Enfield says that the brand is widening its product portfolio and adding more markets to reinforce its leadership in the global mid-size market,
Ketan Thakkar.
'We were running and also changing shoes at the same time'

AS NEW GLOBAL competition embarks on their India journey, Royal Enfield, the undisputed, mid-size motorcycle leader is spreading wings globally and in turn will challenge the likes of Harley-Davidson and Triumph in their own home turf. With the highest ever annual capex, the maker of the fabled Bullet motorcycle is readying itself for a product onslaught. In an interview to Autocar Professional, B Govindarajan, the CEO of Royal Enfield says, the company is not perturbed and is instead focusing on its own path of adding new products and new markets to reinforce its leadership in the global mid-size market.

It has been a remarkable decade for RE, how do you see the journey so far?

Royal Enfield brand is at the centre of everything that we do. It has been an all-round success story of product, technology, quality, supply chain and distribution network.

We have got these tenets in place to deliver a pure motorcycling experience. Our philosophy is -- less is more. We do a few things, but we do it very well.

From 2011 to 2018, it was an outstanding growth story, followed by a challenge between 2019-2020. But, we reset ourselves and used the time to prepare for the next decade beyond the UCE architecture.

A lot of companies were struggling to transition to new emission norms. At RE, we were running and also changing shoes at the same time.

We managed the transition well and that helped us in a strong market outperformance.

One was transitioning to new norms, but there was a strong emphasis on pushing boundaries globally and also catering to the Indian audience, right?

This story is from the 1st July 2023 edition of Autocar Professional.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the 1st July 2023 edition of Autocar Professional.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM AUTOCAR PROFESSIONALView All
Spain's Fersa Group invests in India-based Delux Bearings
Autocar Professional

Spain's Fersa Group invests in India-based Delux Bearings

Besides theRs100 croreinvestment, the Indian company gets access toadvanced technologies and bearings with arange of applications that willhelpinits global growth strategy, writes Manobhava Baruah.

time-read
2 mins  |
15th January 2023
Tata Autocomp to open compact dual-clutch transmission plant
Autocar Professional

Tata Autocomp to open compact dual-clutch transmission plant

Amidthe country’s growing need for personal mobility with easy manoeuvrability, comes the demand for vehicles with automatic transmission. Tata AutoCompisready tomovein writes Shruti Mishra.

time-read
3 mins  |
15th January 2023
Pankaj Munjal-backed Hero Motors raises equity from GEF Cap
Autocar Professional

Pankaj Munjal-backed Hero Motors raises equity from GEF Cap

The company willinvest Rs1,500 crore over thenextthree years andit expects 60 percent ofits turnover to come fromelectric vehicle parts. Itaims to becomea Global EV Solutions Company from India

time-read
2 mins  |
15th January 2023
New age thermoplastics for next-generation EV batteries
Autocar Professional

New age thermoplastics for next-generation EV batteries

Saudi-based global materials major SABIChas developed cutting edgein fire-resistant polymers and flame-retardant materials that comply with various EV battery safety standards across the world.

time-read
4 mins  |
15th January 2023
Switch Mobility to meet growing e-bus demand with fresh capex
Autocar Professional

Switch Mobility to meet growing e-bus demand with fresh capex

Oncourse for abillion-dollar business, the company is exploringa possibility of operating satellite factories across the country to serve different geographies, write ShahkarAbidi and Ketan Thakkar.

time-read
4 mins  |
15th January 2023
Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
Autocar Professional

Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025

New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.

time-read
2 mins  |
15th January 2023
"The government has given enough time for indigenisation but the industry has not taken it seriously"
Autocar Professional

"The government has given enough time for indigenisation but the industry has not taken it seriously"

Amitabh Saran, Founder and CEO, Altigreen, shares his views on problems inthe EV industry and battery localisation solutions with Amit Vijay M.

time-read
3 mins  |
15th January 2023
TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030
Autocar Professional

TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030

The company aims to offer wider choices withnew EVs that may straddle a pricebracket of Rs20to 40lakhinthe coming years, writes Ketan Thakkar.

time-read
2 mins  |
15th January 2023
MG Motor India in expansion drive, to invest $100 million
Autocar Professional

MG Motor India in expansion drive, to invest $100 million

The investment willbe usedtoramp up existing production capacity from1.2to1.4-15lakh units per annum atthe automaker's Halol plantin Gujarat, writes Ketan Thakkar.

time-read
2 mins  |
15th January 2023
"Technology and its multiplier effect are driving business transformations and customer experiences"
Autocar Professional

"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.

time-read
9 mins  |
15th January 2023