Forbes India — November 17, 2017

(Ben Green) #1
32 | forbes india december 29, 2017

Son of motorcycle magnate Vikram Lal and CEO of eicher Motors, known
for its retro Royal Enfield motorbikes, is on a tear, with his company
notching up 42 percent compound annual sales growth in the past three
years. The $1.2 billion (revenue) company sold 666,493 bikes in the fiscal

year ended March 2017 and is revving up to sell more; it opened its third
factory in South India in August. Lal, who lives in London, is said to be
readying to launch a higher-range twin-cylinder bike. He’s also closing in
on superbike maker Ducati with a $1.8 billion bid.

siddhArthA LAL: revvinG uP


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