Eicher Motors Ltd. has reaffirmed its commitment to long-term growth and strategic leadership by reappointing Siddhartha Lal as Executive Chairman for another five-year term, beginning February 13, 2025. The decision reflects the company’s confidence in Lal’s visionary leadership, under which Eicher Motors—parent to Royal Enfield and VE Commercial Vehicles (VECV)—has seen sustained growth and global recognition.
\r\n\r\nThe company also announced the reappointment of B Govindarajan as Managing Director until February 12, 2030, ensuring continued operational excellence. Further strengthening its board, Ira Gupta and Arun Vasu have joined as independent directors, bringing in valuable industry insight and governance expertise.
\r\n\r\nUnder Lal’s leadership, Royal Enfield crossed the one million unit sales mark for the first time in FY 2025, reflecting an 11% year-on-year growth, while VECV posted a 5.4% increase. Momentum continues with April showing 6% motorcycle growth and 27.3% growth in VECV units.
\r\n\r\nWith a strong leadership team and renewed strategic direction, Eicher Motors is poised to continue shaping the future of mobility with purpose and performance.
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