Eicher Motors leases 392,251 sq ft in Sriperumbudur for Royal Enfield expansion
Eicher Motors has signed a seven-year lease at Casagrand Industrial Park in Sriperumbudur, near Chennai, for nearly 400,000 sq ft. The move supports Royal Enfield’s manufacturing expansion alongside its planned ₹2,200 crore Andhra Pradesh plant, which is expected to add 900,000 motorcycles of annual capacity.
Eicher Motors leased 392,251 sq ft at Casagrand Industrial Park in Sriperumbudur for seven years, supporting Royal Enfield’s manufacturing expansion. Separately, Royal Enfield is investing ₹2,200 crore in an Andhra Pradesh plant that will add 900,000 motorcycles of annual capacity.
Why this matters
The lease follows Eicher’s ₹1,225 crore commitment to its Andhra Royal Enfield plant as Q1 profit rose 21%, while the company has said electric trucks remain distant from mass adoption in India.
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