Business

Royal Enfield lines up Rs 800 cr invt during the fiscal

PNS

 Niche bike maker Royal Enfield plans to invest Rs 800 crore during this fiscal on various activities including its upcoming manufacturing facility near Chennai and new product development. “We will be investing Rs 800 crore in FY 2017-18 towards our upcoming manufacturing facility  at Chennai, product development, two technical centres in UK, India and towards market expansion,” Eicher Motors MD and CEO Siddhartha lal said.