Rs 3,000 crore to be infused by Royal Enfield for development of new products
Renowned bike maker and the unit of Eicher Motors Ltd, Royal Enfield has earmarked investments of Rs 3,000 crore spread over 8 years in Tamil Nadu towards the development of new products. As per a Memorandum of Understanding (MoU) signed with the Tamil Nadu government, the investments would be used to set up greenfield and brownfield projects in the region, among other things.
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