Royal Enfield expands world manufacturing footprint

Royal Enfield arrange Nepal operation

Royal Enfield has introduced the graduation of operations of its unique Native Meeting Unit and CKD facility in Nepal.

Arrange in collaboration with the Triveni Group, this can be a important increase to the corporate’s enterprise within the SAARC area, and additional reiterates Royal Enfield’s dedication to Nepal. Situated in Birgunj, the brand new facility is the Royal Enfield’s fifth CKD meeting unit on this planet – after Brazil, Thailand, Colombia and Argentina – along with its manufacturing and ancillary services situated in Tamil Nadu, India.

Congratulating the workforce on the inauguration of the Nepal CKD unit and talking about Royal Enfield’s world ambitions, B Govindarajan, CEO, Royal Enfield, stated “It has been our endeavour to develop and develop the middleweight bike section globally, and over the previous couple of years, we have now seen immense success in our worldwide operations. Royal Enfield now ranks among the many high mid-segment bike manufacturers in markets such because the UK, Korea, Australia-New Zealand, amongst others. Our strategic intent to be nearer to world markets has labored rather well, as we have now efficiently arrange 4 CKD services throughout APAC and Latin America, and we have now not too long ago additionally commenced our direct to market technique within the UK. This new CKD facility in Nepal is according to our formidable world growth technique of investing in markets with enormous potential to develop. We’re dedicated to bringing our globally awarded line-up of attractive bikes, and pure motorcycling experiences to passionate riders in Nepal”

The bike market in Nepal is on a assured rebound journey, and Royal Enfield sees enormous potential for the market to develop considerably. Pre-pandemic the bike section in Nepal was almost 1.7 million models per yr, with nearly 60%-65% of that being bikes offered within the >150cc premium section. With the market anticipated to develop at 10%-15% in upcoming years, Royal Enfield believes that development will solely improve and Royal Enfield goals to capitalise on it.

With an meeting capability of 20,000 models per yr the ability will initially have interaction in native meeting of the brand new Traditional 350 and the Scram 411.