Buys 50 acre plot near existing factory for future expansion

Royal Enfield Motors, the maker of iconic Bullet, has decided to set up a second project in the Oragadam manufacturing corridor, near here.

The company, which is a part of Eicher Motors, has acquired a 50 acre plot at a cost of Rs.57 crore at Vallam Vadakal near Chennai (where Yamaha is also setting up its factory) to set up a brand new plant.

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