to grow at CAGR of 7.7 per cent
In the Moscow region, Mercedes-Benz models will be produced for the local market
With 9,000 people including 1,650 engineers, this new Business Group will generate over €2 billion of sales by 2022.
Plans to produce 950,000 motorcycles in FY 2019-20
Sold 678,486 units in April 2018 – March 2019 as compared to 586,507 units over the same period last year.
Takes over from Siddhartha Lal who will continue as the Managing Director of Eicher Motors Ltd.
Expects the business conditions to improve in the months ahead post elections and government formation