Indian motorcycle maker Royal Enfield on Tuesday announced starting a manufacturing unit and a showroom in Bangladesh, marking a major industrial development in the neighboring country where the former prime minister Sheikh Hasina fled in August after weeks-long protests against her.
The manufacturing facility in Chauddagram in Cumilla district is Royal Enfield's sixth outside India and besides the one in Tamil Nadu. Royal Enfield, the global leader in the mid-size motorcycle segment, has set up the facility in collaboration with IFAD Motors.
Spread over 7.83 acres, the facility will make more than 30,000 motorcycles annually. It will assemble four models – Hunter 350, Meteor 350, Classic 350 and Bullet 350 – for the Bangladesh market.
Bu hikaye Business Standard dergisinin October 23, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin October 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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