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Eicher Motors Limited, incorporated in 1982, is the flagship company of the Eicher Group in India and a leading player of the Indian automobile industry.
A journey, spanning over five decades, Eicher has come a long way. These rewarding times saw the company grow, diversify, acquire, amalgamate, consolidate and expand; winning hearts and trust of clients, dealers/distributors and shareholders alike.
The path pursued has been illuminated with landmarks and milestones, which stand as an edifice saluting our achievements. These milestones can be divided into 3 phases.
1948-Goodearth Company set up to sell and service imported tractors
1980-Eicher Goodearth Ltd. name given to Eicher
1990-Eicher Goodearth buys 26% equity stake in Enfield India Ltd.
EICHER MOTORS LTD.
Eicher Motors Limited, incorporated in 1982, is the flagship company of the Eicher Group in India and a leading player in the Indian automobile industry. Its 50-50 joint venture with the Volvo group, VE Commercial Vehicles Limited, designs, manufactures and markets reliable, fuel-efficient commercial vehicles of high quality and modern technology, engineering components and provides engineering design solutions. Eicher Motors manufactures and markets the iconic Royal Enfield motorcycles. Eicher Motors recorded revenue of over USD 1 billion in 2010.
Eicher began its business operations in 1959 with the roll-out of India’s first tractor. Today the Eicher Group is a significant player in the Indian automobile industry with a gross sales turnover of over Rs. 17,250 million in the year 2004-05.
The Eicher Group has diversified business interests in design & development, manufacturing and local/ international marketing of Trucks & Buses, Motorcycles, Automotive Gears and components.
In addition to this, Eicher has also invested in the potential growth areas of Management Consultancy Services, Customised Engineering Solutions, City Map & Travel Guides. The activities of the Group are divided into the following business units covering all the business interests.
EICHER GOODEARTH LIMITED
Eicher Motors Limited
Eicher Motors:: Commercial Vehicles
Royal Enfield:: Motorcycles
Eicher Demm:: Gears
Eicher Limited:: Investments in Group companies
Eicher Engineering Solutions:: Customised Engineering Solutions
Good Earth Publications:: City Maps & Travel Guides
Eicher International Limited:: Exports
ECS Limited:: Management Consulting
Eicher has around 2400 employees located in 5 manufacturing facilities and 56 marketing & area offices all around India. The Group has around 675 vendors supplying components and sub-assemblies, which testifies to the strength of the vendor base. The Group’s products are brought to the customer through its strong network of around 380 dealers distributed across the length and breadth of the country. It has a presence in over 40 countries across the world.
Over 85 executives work exclusively in the area of R&D. Product development and product-engineering facilities are available at each of Eicher’s major manufacturing locations. Expertise has been developed in the areas of design and development of Trucks & Buses, Automotive Transmission, Electronic Instrumentation, Material Science, Metrology as well as prototype manufacturing and testing.
For more details visit www.eicherworld.com