Royal Enfield’s sales up 13 percent year on year in November to 80,251 units
Domestic sales grew 14 percent on year to 75,137 units while exports registered a slight improvement of 2 percent to 5,114 units.
Eicher Motors-owned Royal Enfield recorded a 13 percent on-year growth in its November sales amid robust domestic sales.
Royal Enfield sold a total of 80,251 motorcycles during the month, compared with 70,766 units in the year-ago period.
Domestic sales grew 14 percent on year to 75,137 units while exports registered a slight improvement of 2 percent to 5,114 units.
In November, Royal Enfield introduced its much-awaited facelift of Himalayan 411, which comes at a starting ex-showroom introductory price of Rs 2,69,000.
During the launch of the new Himalayan, Siddhartha Lal, MD of Eicher Motors had said that he is not focused on competitors. “We are instead focused on the company's own path, which is strong on the back of an exceptional brand, wide distribution, new products and a strong community. We are not worried. In fact, we are very bullish on the future. The increase in competition will mean growth in market size, it will benefit us, though we may lose a bit of market share, but we will continue to grow,” Lal said.
RELATED ARTICLES
SUMEET SSG and Pinnacle Industries to Supply Ambulance Fleet for Maharashtra
The joint venture will deploy 1,565 ALS, BLS, and neonatal ambulances across all 36 Maharashtra districts under a decade...
Bosch to Acquire Bosch Chassis Systems India for up to ₹9,068.68 Crore
Following completion, RBIC will become a wholly owned subsidiary of Bosch Ltd and will also be classified as a material ...
Relux Electric Revenue Rises 110% in FY26; Targets ₹50 Crore in FY27
It is targeting revenue of ₹50 crore in FY27, implying a projected growth of about 122% over FY26.




02 Dec 2023
5070 Views
Sarthak Mahajan
