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Eicher Motors To Invest Rs.1,250 Cr In Motorcycle & CV Businesses In FY18

Industry Transport equipment

Eicher Motors Ltd is planning to invest Rs.800 crore for its Royal Enfield bike manufacturing unit at Vallam Vadagal near Chennai. The unit is expected to commence production in August 2017. Meanwhile, the company has also plans to invest around Rs. 450 crore on its VECV’s commercial vehicle business growth.

Extracted from HBL, May 05,’17

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