Royal Enfield, Eicher Motors' niche motorcycle brand, said it would begin local motorcycle assembly in Argentina in collaboration with Grupo Simpa, which has been a local distributor in the country since 2018.
The local assembly unit
in Argentina will be housed at the facilities of Grupo Simpa in Campana, Buenos
Aires. Starting this month, three motorcycle versions-the Royal Enfield
Himalayan, the Interceptor 650 and the Continental GT 650-will be manufactured
locally at the factory.
Vinod K Dasari, CEO of Royal
Enfield, said, We have substantially expanded our international footprint over
the last couple of years and now have a retail presence spanning 60 countries.
We have been exploring our plans to create local assembly units across specific
markets in the Asia Pacific region and across South America with a strategic
view to catering to increasing demand and acquiring substantial market
advantage.
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