By Meghna Sharma Eicher Motors Limited is an Indian multinational automotive company, headquartered in New Delhi, India. It specialises in the design, manufacture and marketing of motorcycles and commercial vehicles like trucks and buses. Eicher is the parent company of the iconic motorcycle brand, Royal Enfield. The company manufactures buses and trucks under its own brand name through a joint venture with Volvo Group. Apart from motorcycles and commercial vehicles, Eicher also offers automotive components like gears.
| Details | Info |
| Founded | 1982 |
| Founder | Vikram Lal |
| Headquarters | New Delhi, India |
| CEO | Siddhartha Lal |
| Sector | Automotive |
Company Profile
Eicher Motors Limited traces its origins to the founding of Goodearth Company by Vikram Lal in the year 1948. Goodearth Company imported and distributed tractors and agricultural equipment in India. In the year 1958, Eicher Corporation was established in collaboration with a German company, Eicher Tractors. It produced India’s first indigenous tractor in 1959.
Eicher Motors Limited was formally established as an automotive division of the Eicher Group in the year 1982. In the year 1990, EML acquired 26% stakes in the motorcycle manufacturer, Enfield India. The company fully acquired Enfield India in the year 1994 and rebranded it as Royal Enfield.
In the year 2005, Eicher Motors sold its tractor and engine division to focus on motorcycles and commercial vehicles. It formed a joint venture with Volvo Group, named VE Commercial Vehicles, in the year 2008 to manufacture buses, trucks and components under Eicher brand.
Eicher Motors Limited operates two manufacturing facilities for motorcycles near Chennai, Tamil Nadu and a single manufacturing facility for commercial vehicles in Pithampur, Madhya Pradesh. It has a network of over 2000 stores in India, including exclusive brand stores, dealerships and service centres.
Origin Country
Eicher Motors Limited originated in India and remains an Indian company. Majority of the company’s revenues come from the Indian market. However, Eicher also operates in over 60 countries worldwide through a network of around 850 stores.
Market Cap
Market capitalisation of Eicher Motors Limited, as of October 2025, is INR 1.89 trillion. Current share price of the company is INR 6894.