Technology

Royal Enfield launches on-site assembly unit, a CKD facility in Thailand

On Thursday, the Royal Enfield Motorcycle Unit announced that it had begun operating its own local assembly unit and CKD (Complete Knockdown) facility.

With this, Royal Enfield now has three local CKD units-Argentina, Colombia in Latin America, and -In addition to the three manufacturing facilities in Chennai, India.

This assembly unit serves as a distribution hub for Thai consumers as well as for all other countries in Southeast Asia, including Indonesia and Vietnam.

First of all, the facility will start on-site assembly of Himalayan, Interceptor 650 and Continental GT650 models from this month.

BGovindarajan, Executive Director of Royal Enfield, said: Local assembly units in priority markets from Argentina in 2020 to Colombia earlier this year. We are very pleased to continue this journey and announce the start of operations of the CKD assembly plant, which will be the first time in the Asia Pacific region. The facility is a testament to the region’s and market potential, as well as its commitment to a growing community of equestrian enthusiasts, to efficiently meet growing demand in the Asia Pacific region and become a hub for the rest of the world. Make it possible. Southeast Asian market. “

Thailand has been an important market for Royal Enfield since the brand’s entry into the market in 2015. Royal Enfield, which has made great strides in the country and the APAC region, is currently one of the top five players in the premium and mid-sized motorcycle segment in the following markets: As Thailand, Australia, New Zealand, South Korea.

Royal Enfield, a division of Eicher Motors, is a leader in the global motorcycle market. Royal Enfield’s premium lineup includes the all-new Classic 350, Meteor 350 Cruiser, Interceptor 650 and Continental GT 650 Twin, Himalayan Adventure Tourer, and the iconic Bullet 350 and Classic 350 singles.

On a consolidated basis, Eicher Motors’ net income was up 8.7% to Rs 373.20 and net sales in the second quarter of 2009 were up 4.94% to Rs 2,216.40.

A listed parent of Royal Enfield, the world leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden’s AB Volvo. This is a Volvo Aisher commercial vehicle operating in the commercial vehicle space of India.

Thursday, Rs 2,522.55 decreased by 0.70%.

(With input from the capital market)

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https://www.business-standard.com/article/companies/eicher-motors-motorcycle-unit-starts-operations-in-thailand-121112500660_1.html Royal Enfield launches on-site assembly unit, a CKD facility in Thailand

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