Royal Enfield has announced the setup of its new plant

"Landep News"

In line with expanding production, Royal Enfield has announced the setup of its new plant; once again in Chennai. In response to the huge demand in domestic as well as international markets, the new plant will nearly double the production to 1,50,000 units annually. The 50 acre plant which is slated for the 2013 will demand an investment of Rs 350 crore, spread over the next five years. The facility will be equipped to produce the entire range of the company and will be backed by the proximity of vendors and supply chain in the area. In light of the growing ecological concerns, the factory will be installed with an effective auto-eco system at Oragadam.
Although the company has consistently posted an upward curve on the sales graph, the demand supply deficit has never been closed in the past few months. With this expansion plan, CEO, Venki Padmanabhan has put his money where his mouth is. Last month, he had addressed the customer problems of late deliveries and quality issues and promised a hike in production. His ambitious plans include upping the production to 2, 50,000 units per annum through greenfield and brownfield projects over the span of three to five years. The move comes in synch with the launch of a chromed up version of the flagship model Classic 500 for the international market. We at indianmotosblog just hope that it would be available for India as well.

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