Eicher Motors Ltd Company Summary

Eicher Motors was established in partnership with Gebr in Eicher Tractor Corporation of India. Over the years, the company has diversified its business into a commercial motor vehicle manufacturer and supplier.

Company Overview

Eicher Motors’ headquarters is situated in Gurugram, Haryana. The company operates in the manufacturing and distribution of motorcycles and commercial vehicles.

Founding & Evolution

Eicher Motors was made with the objective to manufacture and sell motorcycles. Later, the company expanded their offerings with the manufacturing and distribution of commercial vehicles as well. This change was made possible because of its strategic alliances and strong leadership. Here’s a quick look at Eicher Motors’ history and leadership to get a closer look at this transition.

• Formation: Eicher Motors Limited was established in 1982.
• Year of Listing on Stock Exchanges: The automobile manufacturer was publicly listed in the mid-1980s on the stock exchanges, such as the NSE and BSE.
• Leadership: The driving force behind the growth and innovation of Eicher Motors is its Managing Director, Siddartha Lal.
• Strategic Alliances & Acquisitions: The automobile manufacturer made a revolutionary shift in 2008 by merging with Volvo Group to establish VE Commercial Vehicles (VECV). It was a joint venture to emphasise the focus on technology, commercial vehicle manufacturing and distribution.

Scale and Presence

Eicher Motors operates an incremental portfolio and includes high-end mid-size motorcycles, commercial automobiles under the VECV. It has a presence in both its domestic and export markets, with its presence supported by manufacturing plants, dealerships, and international distribution.

• Manufacturing & Network: Royal Enfield has three large motorcycle plants in Tamil Nadu. While VECV has various commercial vehicle plants in Madhya Pradesh and other locations.
• Employees: The organisation has more than 5,000 employees in manufacturing, R&D, sales, engineering, and support operations.
• International Operations: Eicher Motors’ motorcycles and commercial vehicles are distributed to over 60 countries where it has exclusive stores, service centres, CKD units and expanding dealership networks.
• Customer Base: Eicher serves retail customers, motorcycling consumers, commercial fleets, logistics enterprises, and institutional customers.

Business Segments

Eicher Motors operates in automotive divisions and has specialised verticals that are targeted at scalable growth and product diversification. Key business clusters include:

• Motorcycles (Royal Enfield): The motorcycle brand is an international mid-weight motorcycle brand, with models in the cruiser, adventure, retro-street, and touring classes. This segment comprises motorcycles, riding equipment, accessories, and to-grass events.
• Commercial Vehicles (VECV): This presents an extensive array of trucks, buses and engines produced through the Volvo-Eicher relationship. The division serves commercial fleets, logistics operators, as well as public transportation.
• Aftermarket & Services: A specific ecosystem with spare parts, customer relationships, service centres and connective technology features.

Leadership Team

Top Mutual Funds Invested in Eicher Motors Ltd Share (As on 31st October 2025)