Royal Enfield to open new factory in Tamil Nadu to produce EVs and global models

  • Royal Enfield plans to open a new factory in Tamil Nadu to expand its product portfolio and diversify into electric vehicles.
  • Royal Enfield has acquired a 60-acre land parcel in Cheyyar, near Chennai.
  • The company plans to invest between Rs 1,000 crore-1,500 crore in the next 12-24 months, depending on the manufacturing capacity.

Via

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