Royal Enfield posts 18% growth in sales in October as demand for 350cc motorcycles rises

Key highlights:

• Royal Enfield sales saw its sales rise by a robust 18% in the month of October
• Royal Enfield sold 69,492 units on October 2017
• Royal Enfield's models with engine capacity up to 350cc saw a large 18% growth

Royal Enfield sales saw its sales rise by a robust 18% in the month of October. The two-wheeler company, under Eicher Motors, sold 69,492 units on October 2017 in comparison to 59,127 units in October 2016.

Royal Enfield's models with engine capacity up to 350cc saw a large 18% growth in October as it sold 65,209 units in October 2017 from 55,188 units sold in October last year. The motorcycles with engine capacity above 350cc saw a 9% growth during the month as it sold 4,283 units in October 2017 from 3,939 units in the same month last year.

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Royal Enfield's exports during the month grew by nearly double that of the sales in the same month last year.

The company's exports grew by 98% in October 2017. It exported 1,478 units in October 2017 in comparison with 748 units in the same month last year.

Royal Enfield, the two-wheeler division of Eicher Motors, on Sunday reported a 22% rise in sales at 70,431 units in September.

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• Royal Enfield September sales up 22% at 70,431 units

Royal Enfield looks at exports to boost growth