Eicher Invests Rs 1225 Cr

Eicher, the parent company of Royal Enfield, has given its nod to a substantial investment in the Andhra Pradesh plant. The investment of Rs 1225 crore is earmarked for Phase I of the project, which is expected to boost the company's production capabilities. Royal Enfield is a leading manufacturer of motorcycles in India, known for its iconic Bullet and Classic models. The new investment is a significant step towards expanding the company's presence in the country. With this move, Eicher aims to increase its market share and cater to the growing demand for Royal Enfield bikes.