Royal Enfield reported a strong increase in sales for September 2024, with total wholesale units rising by 11% year-on-year to 86,978 units, up from 78,580 in September 2023. Domestic sales grew by 7%, reaching 79,326 units, while exports nearly doubled, rising from 4,319 to 7,652 units.
The CEO, B Govindarajan, attributes this growth to the company’s recent product launches, particularly highlighting the popularity of the 2024 Classic 350 model. This motorcycle has been pivotal in maintaining Royal Enfield’s iconic status among riders, contributing to the overall positive sales trend. As the company focuses on innovation and enhancing the motorcycling experience, it aims to sustain this upward momentum in the coming months.
This sales growth is a positive indicator for Royal Enfield’s market presence and reflects a strong recovery in consumer demand. With a commitment to delivering quality and performance, the company is poised for further advancements as it continues to meet the evolving needs of motorcycle enthusiasts.
