17Jan/110
Royal Enfield Planning to Setup Plant in Andhra Pradesh
Eicher Motors is planing to setup its largest ever capability to manufacture Royal Enfield Motorcycles in Andhra Pradesh. The company is in talks with the state government for acquiring 75 acres of land in City. The project which will see an investment of Rs 250 crore will be implemented in 2 phases. The first phase will construct a manufacturing facility for 1.5 lakh bikes per annum. The second phase will result in expand manufacture capability to 2.5 lakh units per year. The AP Government will offer various incentives, reimbursements and subsidised power as per the state’s industrial policy.