Vikram Lal
ACTUAL TIME TOTAL ASSETS– since 4/20/17
$ 5.7 B.
Document sales of the legendary Royal Enfield motorcycle maintained shares of Indian two-wheeler magnate Vikram Lal’s Eicher Motors up. The business reported its greatest ever before profits of $309 million in a current quarter. After introducing its much-anticipated Himalayan journey bike in 2014, it has actually started marketing it in Australia and also Colombia. Royal Enfield opened its very first UNITED STATE shop in Milwaukee in 2016, the house of competing Harley-Davidson, adhered to by its initial Australian shop in Melbourne. Boy Siddhartha, that runs Eicher, is the firm’s worldwide development from London. Vikram’s papa Guy Mohan Lal established a tractor store called Goodearth Co. in 1948; a years later on he partnered with German company Eicher, relabeling business Eicher Tractor.
Lal is the founder and former chief executive officer of Eicher Motors, a motorcycle manufacturer with revenue of $1.4 billion in the year to March 31, 2018. The New Delhi-based publicly traded company sells bikes under the Royal Enfield brand. It also produces trucks, buses and other commercial vehicles.
Source:
- Forbes
- bloomberg