April 3, 2018 / 8:58 AM / 24 days ago

BRIEF-Eicher Motors Says ‍Royal Enfield Announces Capex Of 8 Bln Rupees For FY 2018-19​

April 3 (Reuters) - Eicher Motors Ltd:

* SAYS ‍ROYAL ENFIELD ANNOUNCES CAPEX OF 8 BILLION RUPEES FOR FY 2018-19​

* SAYS ‍ROYAL ENFIELD TO SET-UP SUBSIDIARIES IN INDONESIA AND THAILAND​

* SAYS FY CAPEX WILL INCLUDE COMMENCEMENT OF CONSTRUCTION OF PHASE-2 OF VALLAM VADAGAL PLANT IN TAMIL NADU

* SAYS ‍ROYAL ENFIELD WILL HAVE PRODUCTION CAPACITY FOR FY 2018-19 AT 950,000 MOTORCYCLES​ Source text - bit.ly/2q01EVx Further company coverage:

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