Royal Enfield is at a Loss?
Royal Enfield the eminent brand of bike sin India being a division of the Eicher Motors India underwent a production forfeiture of 4000 bikes during the month of November 2015 and around 7200 in the current month so far
The brand Royal Enfield suffers a production loss of 11,200 units lately!
Royal Enfield, the eminent brand of bike sin India, being a division of the Eicher Motors India, underwent a production forfeiture of 4,000 bikes during the month of November, 2015 and around 7,200 in the current month so far. Owing, to the floods that drenched the entire city of Chennai and its adjoining areas. However the good news with god?s grace the entire plant over there, along with the numerous machinery has all been maintained well even in these tough conditions, while there has been no loss reported to the machinery and equipment with all the employees safe and sound. As per the statement offered by the brand Royal Enfield, the beat in the production units is basically due to the factory being shut, while the heavy flood days starting from the 1st of December, that led to the production loss of 7,200 units.
There had been a production loss of around 4,000 units recountedduring the previous week of November again that had been affected by the rains. The brand otherwise is symbolic to biking and passion in our country, while its demand and supply has been steady and constant. As per Royal Enfield, the production has restarted to almost 50 per cent this week and is projected to go to 100 per cent shortly; the quantitysequencewould need some more time to recover completely from the damage. The precisescope of losses can be recognized only after the factory continues its regular mundane. Royal Enfield has been mounting up its production to compete with the accumulativemandate for the Indian make as has expended and has been able to mark a niche for itself in the market, ever since it launched in the country, almost a decade ago.