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Eicher Motors Reviews

New Delhi

4.5/ 5

2 reviews

Eicher Motors Limited is a prominent Indian multinational automotive company and a leading player in the global automobile industry, widely recognized as the parent company of the iconic motorcycle brand, Royal Enfield. Incorporated on March 14, 1982, and headquartered in New Delhi, India, the company has evolved significantly from its early roots, which trace back to the Goodearth Company founded in 1948 for selling and servicing imported tractors. Over the decades, Eicher has expanded its operations to become a powerhouse in both the two-wheeler and commercial vehicle segments, establishing a strong domestic presence and an expanding global footprint across more than 60 countries. The company's core business operations are structured into two major verticals: motorcycles and commercial vehicles. Royal Enfield, the motorcycle division, is recognized as the global leader in the middleweight motorcycle segment, specializing in engines ranging from 250cc to 750cc. As the world's oldest motorcycle brand in continuous production since 1901, Royal Enfield focuses on "Pure Motorcycling"—delivering simple, engaging, and accessible modern classic bikes. Its extensive product portfolio includes acclaimed models such as the Classic 350, Bullet 350, Meteor 350, Hunter 350, Himalayan adventure tourer, and the Continental GT 650 twins. Royal Enfield operates an expansive retail network of over 2,000 stores across major cities and towns in India, alongside roughly 850 international stores. It supports its global manufacturing capabilities with state-of-the-art production facilities near Chennai, technical centers in India and the United Kingdom, and several overseas CKD assembly units in nations like Brazil, Thailand, and Colombia. In the commercial vehicle segment, Eicher operates via a strategic 54.4% joint venture with Sweden’s AB Volvo, known as VE Commercial Vehicles Limited (VECV), established in July 2008. VECV designs, manufactures, and markets a complete range of Eicher branded trucks and buses, drives the modernization of commercial transportation in developing economies, and distributes Volvo trucks and buses within India. VECV's integrated manufacturing facility in Pithampur, Madhya Pradesh, serves as a global hub for producing medium-duty engines exported to the Volvo Group. Financially, Eicher Motors Limited is a publicly traded entity listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), and it forms a part of the benchmark Nifty 50 Index. For the fiscal year 2025, the company reported a robust consolidated revenue from operations of INR 20,175 crore and a net income of INR 4,734 crore, reflecting steady market performance. Led by Managing Director and CEO Siddhartha Lal, Eicher Motors continues to emphasize innovation, strategic expansion, and the development of next-generation mobility solutions, including electric vehicle frameworks through its emerging Flying Flea brand.