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‘Made like a gun. .
Goes like a Bullet’
What are we going to see?
 History
 Organizational structure
 Problems faced in the last decade
 Products currently offered
 Current performance
 Future plans and comments
History
Beginning
The Enfield Cycle company
Redditch, Worcestershire
Brand name license – 1890
Birth of the bullet -1931
The Indian Connection
1949- Introduction into Indian market
1955- Indian army’s calling
Partnership with Madras motors
1971- Closeout in the UK
Eicher chapter
1991- Strategic alliance with Eicher
motors
1994- Merger into Eicher Group and
conversion into Royal Enfield from
Enfield India
1996- Immediate compliance to
stringent emission norms
Post millennium
2002- Launch of India’s first cruiser
2003- First Rider Mania in Goa
2005- Fifty glorious years in India
2010- Successful migration of entire
product line to UCE
Organizational structure
Board of directors
Problems faced in the last decade
 Keeping up with the times; Need for change
 Board at the threshold of either shutting down or selling off RE
 Sales down to 2000 units instead of 6000 units per month
 Issues due to maintenance, weight and kick start
 Support of Siddhartha Lal
 Appointment of R.L Srinivasan as the CEO in 2005, who had earlier
worked in both TVS Motors and Bajaj
 Design of a new engine and alteration in the gear position
 Shop floor process tuning to improve quality
 Gradual reduction in problems and warranty claims
 And now? – 100% capacity and waiting period of up to a year
Products offered currently
 Bullet 500
Products offered currently
 Classic 350 & 500
Products offered currently
 Thunderbird 350 &
500
Products offered currently
 Bullet Electra
Current performance
• Major milestone of producing and selling
1,00,000 bikes in the year 2012
• Strong Year-on-Year growth of 52% in
volume
• Total revenue of about 1050 crore rupees
with a healthy growth rate of 56.3%
• Overwhelming response for the launch of the
2 new models of Thunderbird
• Entry into the accessories business with a
range of well-crafted, meticulously detailed
and purpose-built riding apparel
• Expansion of sales, distribution and after
market network in India. Currently selling
through 249 outlets and exporting to 48
countries
• Commercialization of the second
manufacturing facility at Oragadum, Chennai
• ‘Bike of the year’ awards for the different
variants of Thunderbird
Future plans
 Launch of a new variant:
 Working on the 2nd phase of expansion at Oragadam
 Addition of a robotic painting system and powdering system
 Looking to upgrade to the segment of 750cc engines
 Plans to bring back the diesel variant
 Key risks
 Inability to ramp-up production to meet market demand
 Entry of new players in the premium segment, read Harley
 Need for a comprehensive risk management strategy
 Things point at a bright future indeed!
Thank you

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Royal enfield

  • 1. ‘Made like a gun. . Goes like a Bullet’
  • 2. What are we going to see?  History  Organizational structure  Problems faced in the last decade  Products currently offered  Current performance  Future plans and comments
  • 3. History Beginning The Enfield Cycle company Redditch, Worcestershire Brand name license – 1890 Birth of the bullet -1931 The Indian Connection 1949- Introduction into Indian market 1955- Indian army’s calling Partnership with Madras motors 1971- Closeout in the UK Eicher chapter 1991- Strategic alliance with Eicher motors 1994- Merger into Eicher Group and conversion into Royal Enfield from Enfield India 1996- Immediate compliance to stringent emission norms Post millennium 2002- Launch of India’s first cruiser 2003- First Rider Mania in Goa 2005- Fifty glorious years in India 2010- Successful migration of entire product line to UCE
  • 5. Problems faced in the last decade  Keeping up with the times; Need for change  Board at the threshold of either shutting down or selling off RE  Sales down to 2000 units instead of 6000 units per month  Issues due to maintenance, weight and kick start  Support of Siddhartha Lal  Appointment of R.L Srinivasan as the CEO in 2005, who had earlier worked in both TVS Motors and Bajaj  Design of a new engine and alteration in the gear position  Shop floor process tuning to improve quality  Gradual reduction in problems and warranty claims  And now? – 100% capacity and waiting period of up to a year
  • 7. Products offered currently  Classic 350 & 500
  • 8. Products offered currently  Thunderbird 350 & 500
  • 10. Current performance • Major milestone of producing and selling 1,00,000 bikes in the year 2012 • Strong Year-on-Year growth of 52% in volume • Total revenue of about 1050 crore rupees with a healthy growth rate of 56.3% • Overwhelming response for the launch of the 2 new models of Thunderbird • Entry into the accessories business with a range of well-crafted, meticulously detailed and purpose-built riding apparel • Expansion of sales, distribution and after market network in India. Currently selling through 249 outlets and exporting to 48 countries • Commercialization of the second manufacturing facility at Oragadum, Chennai • ‘Bike of the year’ awards for the different variants of Thunderbird
  • 11. Future plans  Launch of a new variant:  Working on the 2nd phase of expansion at Oragadam  Addition of a robotic painting system and powdering system  Looking to upgrade to the segment of 750cc engines  Plans to bring back the diesel variant  Key risks  Inability to ramp-up production to meet market demand  Entry of new players in the premium segment, read Harley  Need for a comprehensive risk management strategy  Things point at a bright future indeed!