STOCKWATCH
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2/3 Wheelers
Joint Venture21 Oct 2024, 10:34 pm

Royal Enfield Debuts in Bangladesh with Manufacturing Unit and Flagship Store

AI Summary

Royal Enfield, the global leader in the mid-size motorcycle segment, has commenced operations in Bangladesh with the inauguration of a flagship showroom in Dhaka and the launch of the Hunter 350, Meteor 350, Classic 350, and Bullet 350. The company has also set up a Manufacturing Unit in Cumilla District, Bangladesh, with an annual capacity of 30,000 units to cater to the burgeoning demand for premium middleweight motorcycles in the market.

Key Highlights

  • Royal Enfield begins operations in Bangladesh with the inauguration of a flagship showroom in Dhaka and the launch of four motorcycle models.
  • A Manufacturing Unit (Category 2) has been set up in Cumilla District, Bangladesh, with an annual capacity of 30,000 units.
  • Four motorcycle models—Hunter 350, Meteor 350, Classic 350, and Bullet 350—will be locally produced and assembled for the Bangladesh market.
  • The new manufacturing facility is Royal Enfield’s sixth assembly unit outside India.
  • Royal Enfield aims to nurture the growing riding culture and expand the motorcycling way of life with the Bangladesh riding community.
EICHERMOT
2/3 Wheelers
EICHER MOTORS LTD.

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