Royal Enfield is already a very strong player in the Indian market which has achieved a sales figure of 60,000+ units for the second consecutive month. This has happened even when the brand had scored the best sales figure in the month of April 2017.
In May 2017, the sales crossed 60,000 units for the 2nd time showing a 25 percent growth in comparison to May 2016. Out of these numbers, 58,647 units were sold in domestic sales alone. This number is a huge jump compared to May 2016, when 47,232 bikes were sold.
As far as the exports are concerned, the company sold 2,049 units in May 2017, a growth of over 49 percent (1,372 bikes last year, same month). So the total sales figure for May 2017 stands at 60,696 Units, which is very impressive considering the fact that Royal Enfield motorcycles start above INR 1 lakh in India and this makes Royal Enfield the king on this price segment.
Royal Enfield Sold 60,696 Motorcycles in May 2017
The company is also enjoying a dream run with the best ever quarter-sales by the month of March 2017. With an impressive sales figure of 1,78,345 bikes sold, the company has shown an yearly growth of 20.8 percent with 1,47,618 motorcycles sold last year in the same quarter.
The company is also planning to invest around INR 800 crores from Eicher Polaris in their third plant at Vallam Vadagal. This investment will bring the combined production capacity of the company to 8,25000 units for FY 2017-18.
Interestingly enough now the company stands at a great quarterly income of 1,888 crores (net excluding excise) for the Q4 for year 2016-17. This is a good 23.2 percent growth over the same quarter in the last year.
Royal Enfield Himalayan
Royal Enfield is proving to have a strong hold in the mid-sized motorcycle segment. The company will also move to more powerful segment with the news of a 750cc parallel twin engine in the works for upcoming Royal Enfield motorcycles.
Royal Enfield sold a total of 60,142 units in April 2017, gaining 25 percent more sales than the same period last year. The total number includes 58,564 units for the domestic market and 1848 units for exports.
The company sold 48,197 units in the same month last year. Royal Enfield Classic 350 is the best-selling RE motorcycle in India and 4,16,693 units of the same were sold from April 2016 to March 2017.
Know more about RE bikes here – http://autos.maxabout.com/bikes
RE Classic 500
