23-06-2014, 10:18 AM
3-C REPORT EICHER MOTORS LIMITED
3-C REPORT EICHER MOTORS LIMITED.docx (Size: 818.02 KB / Downloads: 27)
INTRODUCTION
Eicher Motors Limited (EML) is an Indian automaker company based in Gurgaon, India. Eicher Motors Limited, is the flagship company of the Eicher Group in India and a leading player of 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 also manufactures and markets the iconic Royal Enfield motorcycles that leads the premium motorcycle segment in India. The oldest motorcycle company in continuous existence, Royal Enfield has witnessed a huge surge in demand in the recent past; recording a growth of over 50% year on year for each of the last two years. EML’s 50:50 strategic joint venture with US based Polaris Industries Inc., Eicher Polaris Pvt Ltd. will design, develop, manufacture and sell a full new range of personal vehicles. In 2012, Eicher Motors recorded the highest ever sales of Rs. 7,000 crores (USD 1.3 billion).
Products of Eicher Motors
Eicher trucks
Eicher Trucks are built to deliver low ‘Total Cost-of-Ownership’. The Eicher haulage trucks’ range includes the E2 Plus series of 5T-14T Light & Medium Duty Trucks (LMD) - tagged as “Mileage Ka Badshah” and VE Series of Fuel efficient Heavy Duty Trucks (HD) of 16T-40T. Designed for superior performance with better fuel economy, higher rated payload and faster turnaround these trucks have low operating cost and, high reliability leading to higher profits
Eicher buses
The latest offering from Eicher -Skyline LIMO - AC Bus for the Tourist Segment. Eicher Skyline has established new bechmarks in the Bus Industry. Aesthetic superiority, high passenger comfort & Economical performance have made this bus class apart. With a new offering in the 7.5 ton category with Direct drive AC and Push Back seats, Eicher Skyline LIMO is all set to redefine the travel for the the Tourist Segment
Non-automotive engines
Eicher Agro engines stand for - low fuel consumption, reliability, and value for money. Agro engines with their features like low vibration, low noise, good cooling effect and strong power have particularly been made for Harvester Applications.
The Genset Application engines are low on noise, vibrations and maintenance, and deliver superior power in all load conditions. Eicher engines have better fuel economy, easy service and spares availability. We give a warranty of 2 years or 2500 hrs. on our engines from the date of sale.
Eicher engineering components
Manufacturing a varied range in its state-of-the-art plants spread across the country, Eicher produces the finest automotive components in the industry
FUTURE PROSPECTS
The Indian motorcycle industry slowed down in year 2012. However, the company's Royal Enfield unit continued its growth trend in 2012. The exciting variants of classic models such as desert storm and chrome have expanded the consumer base that look for distinctive style and leisure riding. The New Thunderbird 500 and Thunderbird 350, positioned for long distance riding with value added features, are attracting a wider section of followers and very effective media launches have generated a healthy order book and brand recall. With the market evolving towards motorcycling and leisure riding activities, this growth trend is likely to continue.
The financial analysis clearly indicates the growth of Eicher Motors Ltd.& popularity of it’s products worldwide. With financial conditions in their favour & growing demand & craze of the Apple products, the future of Apple Inc. appears beaming & prosperous