The Chennai-based retro motorcycle making company, Royal Enfield has been stepping up the growth ladder at quite a significant rate, especially from the last few years. According to the recent sales reports, the company has grown by overall 25.5 per cent in the month of May 2017. The company has sold a total of 60,696 units excluding exports when compared to the 48,604 units the company sold in May 2016.
The company majorly sold 350cc models and the growth recorded went up to 29 per cent as the company sold 55,823 units of it.
On the other hand, Royal Enfield only sold 873 units of it and 350cc+ model sales recorded an overall dip of 10 per cent.
Talking about the export figures, the company again recorded a huge growth in the form of 2049 units sold as opposite to the 1372 units sold in May 2016. The reason why Royal Enfield might have experienced such a humongous growth is the fact that the company started off with direct operations in Brazil which is the 4th largest 2-wheeler market around the globe. Stay tuned!