Royal Enfield Planning To Assemble Bikes In Nepal

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August 29, 2022
Royal Enfield is planning to establish a local assembly unit in Nepal. The assembly facility will be set up in collaboration with TG Auto Group in Jeetpur, Bara. TG Auto Group, under Triveni Group, has already registered with the Department of Industry for assembling Royal Enfield motorcycles in Nepal. Alpha Automotives Pvt. Ltd is the authorised distributor of Royal Enfield in Nepal.

The group has proposed to invest Rs 38 crore in the industry through TG Auto Group to assemble motorcycles in Nepal. The industry will have the capacity to assemble 8,000 motorcycles annually.

Royal Enfield's patron for the Nepalese division, Triveni Group, is a mega business conglomerate of 48 companies with a widespread presence across manufacturing, trading & distribution, banking & insurance, energy, retail, education, entertainment & hospitality, and agriculture sectors. The group took over  Royal Enfield's operations in Nepal from MV Dugar Group in March 2022.The Government of Nepal has taken a policy to encourage the vehicle assembly industry in Nepal. Currently, Bajaj and TVS companies are assembling their two-wheelers in Nepal. Similarly, Yamaha has also commenced the trial production of its motorcycles.With the government in no urgency to lift the ban on motorcycles above 150cc anytime soon, the establishment of an assembly industry is a good strategic decision from Triveni Group to grow the business and cater to the increasing demand for Royal Enfield motorcycles in Nepal.

Published Date: 2022-08-29 12:18:29
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