Key Points
Motorcycle manufacturer Royal Enfield, a unit of Eicher Motors Ltd, has earmarked investments of Rs 3,000 crore spread over a period of eight years in Tamil Nadu towards development of new products, the company said on Monday..
As per a Memorandum of Understanding signed with the Tamil Nadu government during the Global Investors Meet here, the investments would be used to set up greenfield and brownfield projects in the region, among other things...
"We extend our heartfelt gratitude to the Government of Tamil Nadu for their unwavering support, and we are eager to partner with the government and create a positive impact on the community and contribute to the state's overall economic prosperity," he said.. Royal Enfield has manufacturing facilities in Oragadam and Vallam Vadagal, producing a range of its motorcycles..
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