Eicher to pump in Rs. 600cr to ramp up bike production capacity.

Eicher Motors plans to invest Rs. 600 crore in two years to ramp up production capacity of its motorcycle division Royal Enfield and also to develop new global platforms as well launching new bikes starting 2016.

Royal Enfield is looking to complete work at its Oragadam facility in the next two years thereby taking the total capacity across the two plants to over 5 lakh units annually by 2016. It had produced a total of 1.78 lakh bikes in 2013.

'We will be making an investment of Rs. 600 crore in Royal Enfield towards capacity expansion and development of new global product platforms over 2014 and 2015,' Eicher Motors Ltd. MD and CEO Siddhartha Lal told reporters here.

ET