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Eicher Motors Limited
5 articles
Royal Enfield's ambitious expansion plans are set to significantly bolster Eicher Motors' production capabilities. Driven by near-full utilization of existing facilities and strong demand, the company is investing ₹2,500 crore in a new greenfield manufacturing plant in Andhra Pradesh, complementing a prior ₹958 crore investment in Tamil Nadu that will increase capacity to 2 million units by February 2026. These moves underscore Eicher Motors’ commitment to supporting Royal Enfield’s global presence and continued growth, while a subsidiary, VECV, is strengthening its connected solutions arm through a stake increase, signaling a broader focus on technological advancements within the group.
Eicher Motors Appoints Vinod Aggarwal Executive Vice Chairman
Eicher Motors appoints Vinod Kumar Aggarwal as Executive Vice Chairman effective May 21, 2026 for three years, subject to shareholder approval.
Aggarwal brings 45 years of industry experience, includi
Eicher Motors Appoints Pradeep Mathew Product Chief
Eicher Motors appointed Mr. Pradeep Mathew as Chief of Product Development and Senior Management Personnel effective May 22, 2026.
Mr. Mathew is a 22-year company veteran with an M.Tech in Mechanical
Eicher Motors Grants 164,365 ESOPs and RSUs
Eicher Motors granted 137,365 restricted stock units under its 2019 RSU Plan to employees and subsidiaries.
The company also granted 27,000 employee stock options under its 2006 ESOP Plan to its emplo
Eicher Motors Volvo Group Financial Services JV
Eicher Motors and Volvo Group announce 50:50 JV for financing, leasing, and financial services business in India.
EML approves investment up to ₹750 Crores for 50% stake in Volvo Financial Services In
Eicher Motors Invests ₹750 Crore in Volvo Financial JV
Eicher Motors board approves ₹750 crore investment for a 50% stake in Volvo Financial Services India NBFC.
The joint venture will serve as a captive financing arm for customers of Eicher, Volvo, and t