Eicher Motors’ Royal Enfield to invest Rs 700 crore as CAPEX for FY20
2nd Apr 2019

Eicher Motors’ two-wheeler division -- Royal Enfield has planned capital expenditure (CAPEX) of Rs 700 crore for FY 2019-20. The planned CAPEX will include completion of the construction work of the Technology Centre, Phase-2 of the Vallam Vadagal plant in Tamil Nadu and towards the development of new platforms and products. Also, for 2019-20, Royal Enfield plans a production of 950,000 motorcycles.

Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.