pakistan
India’s Royal Enfield to invest over $232 million in new manufacturing plant
Key takeaways
- Add ARY News on Google AAResize Indian bike maker Royal Enfield plans to invest about 22 billion rupees ($232.24 million) to set up a manufacturing plant in the southern state of Andhra Pradesh, it said on Thursday.
- The Eicher Motors unit will establish the facility in two phases, with the first phase expected to be completed by 2029, and the second slated for 2032.
- The plant will add around 900,000 units to its current annual capacity of around 1.46 million units, as of end-February.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize Indian bike maker Royal Enfield plans to invest about 22 billion rupees ($232.24 million) to set up a manufacturing plant in the southern state of Andhra Pradesh, it said on Thursday.
The Eicher Motors unit will establish the facility in two phases, with the first phase expected to be completed by 2029, and the second slated for 2032.
The plant will add around 900,000 units to its current annual capacity of around 1.46 million units, as of end-February.
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