The Indian retro classic motorcycle maker is averaging global sales of around 50,000 units per month, indicating that the new international markets are responding well. The company just entered into a partnership with a local entity to distribute its products in New Zealand
Talking to Irish Times, Chris Davidson, Managing Director, RetroVentures, stated that the company has been hiring out Royal Enfield motorcycles to tourists in Ireland for the last two years and has been receiving an overwhelming response. He added that a lot of prospective customers approached the company to inquire if they could buy an RE, and hence setting up a dealership comes as a next natural step.
In order to keep up with the rising demand and maintain the growth momentum, Royal Enfield is working on to set up its third manufacturing plant near Chennai. The company has just launched the Himalayan adventure tourer and is working on introducing a twin-cylinder model in 2017.
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