New Delhi
Eicher Motors
announced that Vinod K Dasari, CEO, Royal Enfield, has decided to move on.
Dasari has also resigned as the Director (Whole Time) of Eicher Motors that
came into effect from August 13, 2021.
The company
appointed B Govindarajan as the Executive Director of Royal Enfield (Whole
Time, Additional Director) from August 18, 2021, for five years, subject to
provisions of the Companies Act, 2013.
Govindarajan,
COO, Royal Enfield, leads the product development, supply chain, quality,
spares and EV business. He has 32 years of experience in the Automotive and
Engineering industries. Under his leadership, Royal Enfield established two Technology
centres in the UK and India and increased production capacity with two new
world-class manufacturing plants near Chennai.
Eicher Motors
reported a consolidated net profit of Rs 2.37 billion for Q1FY22 compared to a
loss of Rs 550 million in Q1FY21. Royal Enfield reported a two-fold sales
increase of motorcycles in Q1 FY22 from last year.
Source – Mint
Image Source: Royal Enfield Website
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