Wednesday 12 December 2018
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business-standard - 5 days ago

Royal Enfield to open subsidiary in Thailand: Official

: Bike manufacturer Royal Enfield would soon set up its subsidiary in Thailand under its plan to strengthen overseas presence, a top official said Friday. The company which ships its products to over 51 countries from India would be setting up a subsidiary to manage operations in Thailand, Royal Enfield, Head-India Business, Shaji Koshy said here. In an interaction with PTI after launching two new models-Continental GT650 Twin and Interceptor INT650 Twin, Koshy said Royal Enfield has set up one store in Bangkok and another in Jakarta, Indonesia. Currently, in Brazil we have got a subsidiary. In Thailand we are just going to open it. We have got our own office in the United Kingdom. The local team in these countries are managing..., he said. He said the move to set up subsidiaries was aimed at becoming a mid-size player in the 250cc-750cc segment category. What we did in India, we know we can replicate that across the world , he said. To a question on exports of the ...

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