The two-wheeler manufacturer had sold 49,156 units in February 2016
The new plant is coming up at Vallam Vadagal, around 7 km from the company's Oragadam facility near Chennai
Company's total production capacity will increase to 900,000 units a year once the new facility starts
By end of the current year, total capacity of Royal Enfield would be around 6,75,000 units
The company had sold 44,491 units in the same month last year, a company statement said
Launched in March this year, the motorcycle maker has managed to sell around 4,000 units in the country so far
Exports soared 40% to 1,250 units compared with 893 units in the corresponding month last year
Company wants to build manufacturing plant, in product development and R&D centres
The Royal Enfield gear is about safety and style without compromising on comfort
Investment will be towards product development, capacity expansion and R&D
To rectify issues including engine noise, hard gear shift, stand gap & change of sari guard on an unspecified number of units
RE's helmets, riding gear, saddle bags and others will be sold through e-commerce site
Company's total motorcycle sales stood at 48,604 units
At Rs 18,400 per share, value up 100 times since Lehman crisis
Company achieves over 50,000 'significant' motorcycle sales in a month
The Himalayan comes with a five-speed gearbox and 24.5 BHP engine.
Sales of motorcycles with engine capacity of up to 350 cc increased by 65%
Thailand is the 5th largest two-wheeler market in the world as of December 2015