Royal Enfield starts local assembly unit, CKD facility in Thailand
PTI, Nov 26, 2021, 9:10 AM IST
Source: unsplash
New Delhi: Mid-sized motorcycle maker Royal Enfield on Thursday said it has started local assembly unit and CKD (completely knocked down) facility in Thailand.
This is the company’s third local assembly unit after Argentina, and Colombia in Latin America. The unit in Thailand, besides catering to the local market, will act as a distribution hub for all other countries in South-East Asia, including Indonesia and Vietnam, the company said in a statement. ”To begin with, the facility will start local assembly of the Himalayan, Interceptor 650 and Continental GT 650 models, starting this month,” the company said.
Commenting on the new assembly unit, Royal Enfield Executive Director, B Govindarajan said, ”With a strategic view to grow the business and cater to increasing demand we have been pursuing our plans to set up local assembly units in priority markets beginning with Argentina in 2020 and then Colombia earlier this year.”
He further said, ”Continuing this journey and marking a first for us in the Asia Pacific region, we are very happy to announce the commencement of operations at the CKD assembly plant in Thailand.”
This facility will enable the company to efficiently cater to the growing demand in the Asia-Pacific region, and also become the hub for the rest of Southeast Asian markets, Govindarajan added. Thailand has been a critical market for Royal Enfield since the brand’s market foray in 2015, the company said, adding it is now amongst the top five players in the premium, mid-size motorcycle segment in markets such as Thailand, Australia, New Zealand and Korea.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
GST on old used cars only when sale price higher than depreciated value
Automotive to sustainable mobility, EVs and beyond: Auto industry’s journey for 2025
Indian buyers still prefer physical dealerships over online mediums to purchase cars: Survey
Lohia Auto launches EV brand ‘Youdha’, aims to sell 3 lakh vehicles by 2027
Bajaj Auto launches new series of Chetak e-scooter
MUST WATCH
Latest Additions
Karnataka HC directs registrar to issue revised birth, death certificates for transgenders
Locals recall Manmohan Singh’s special bond with Amritsar
Man who set himself on fire near Parliament, dies during treatment
Manmohan Singh gave new direction to country’s economy: Ram Nath Kovind
PM Modi, Sonia among top leaders to pay homage to Manmoham Singh at his residence
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.