EICHERMOT

EICHERMOT or Eicher Motors was incorporated in 1982, and it is engaged in the manufacturing of motorcycles, commercial vehicles, and engineering components. In the year 1986, the company introduced its first product, named ‘Canter.’

Also, it is one of the leading manufacturers of commercial vehicles with manufacturing facilities located in Haryana, Madhya Pradesh, Tamil Nadu, and Maharashtra.

Motors – Under this segment, the company manufactures several kinds of commercial vehicles. It is a 50–50 joint venture with the Volvo group, and VE Commercial Vehicles Limited is responsible for designing, manufacturing and then markets reliable & fuel-efficient commercial vehicles. They are of high-quality and modern technology with engineering components and provides several engineering design solutions. It has technical and financial collaboration with the Mitsubishi Motors Corporation of Japan that led to the manufacturing of CANTER range of vehicles. The Company manufactures about 20000 vehicles per annum.

Motorcycles– Under this segment, the company manufactures bullet motorcycles such as Royal Enfield. It also manufactures six different models that vary from 300cc to 600cc. The manufacturing plant has an installed capacity of approximately 39,000 motorcycles per annum.

Engineering Components– Also, the company manufactures a complete spectrum of automotive gears. Such a range of gears also includes Spiral bevels (Crown wheel and pinions), the Straight bevels and Transmission gears.

1990: The Company, Eicher Goodearth buys about 26% equity stake in the Enfield India Limited.