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History
Earlier Enfield cycle company.
Used to make motorcycles, bicycles, lawnmowers and
stationary engines.
Brand name Royal Enfield was licensed in 1890.
It was a England based company.
In 1956 Enfield of India started assembling Bullet
motorcycles under licence from UK components, and by
1962 were manufacturing complete bikes.
Value of Product
Royal Enfield is now the oldest motorcycle brand in the
world.
Still in production with the Bullet model enjoying the
longest motorcycle production run of all time.
All hand made and assembled.
1891 - 1900 1900 - 1910 1911 - 1920 1921 - 1930
Marketing and sales
They have dedicated showrooms and service stations.
The organize TRIP as an official tour for all Royal Enfield owners.
It acts like a community.
Creates promos.
Short films or ads.
Comes in different models.
Gives test ride at home also.
Competition in market
It comes in a different segment i.e. in-between a cruiser
and a racing bike. So pulsar and FZ doesn't come in its
way.
People buy it because of cult towards it also.
The major competitor is Harly Davidson Motorcycles.
Revenue
Company and manufacturing unit is in Chennai.
Royal Enfield, manufacturers of the renowned range of
Bullet motorcycles, is a part of the 1500 crores Eicher
Group
You can get a classic only after 6 months of booking.
Expanding their current manufacturing facility to double
the capacity.
54% growth in sales turnover in last two years.