Signals, Powered By EquityPandit
On Monday, the two-wheeler division of Eicher Motors, Royal Enfield, has announced its entry into the Indonesian market.
Royal Enfield said in a statement that the company has announced its future plans for Indonesia, the third largest two-wheeler market in the world.
Arun Gopal, Royal Enfield, Head of International Business said, “Indonesia is a strategic market for Royal Enfield. With its large commuter base, this market has enormous potential to upgrade to the next level of motorcycles, should there be optimal product choice.”
“We will build our presence from Jakarta and depending on the response, expand our footprint to the other key cities in Indonesia,” he said.
