Royal Enfield Achieves 60% Growth: The bike maker, Royal Enfield, enjoyed considerable growth in October of this year, thanks to rising demand during the festive month.
In the month of October, this company sold 82,235 motorcycles and showed a 60% increase compared to October 2017. In that time frame, the company had 44,133 motorcycles sold.
In October 2022, the company managed to export 5,707 motorcycles. This is also higher than October of 2021, when the company exported 3,522 motorcycles. This translates to a direct growth of 62% in terms of export figures for the company.
October was a big month for Royal Enfield, with record-breaking sales numbers. The 50,000th Hunter rolled off our production line in October, and we’re excited about the momentum that has continued into November.
It’s likely that the company will introduce a new motorcycle with a bigger capacity soon, as they were recently spotted testing a higher-performance model. The new Super Meteor 650 (unofficial nameplate) should be available in India as early as next year. It will likely share many features, including the powertrain, with the Royal Enfield 650 cc motorcycles currently on the market. More information on this upcoming model from Royal Enfield is coming soon.
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