Royal Enfield speeds up retail expansion plan1 min read 01 Aug 2019, 12:31 PM IST
The company plans to add 350 studio outlets to its existing retail network by the end of Q2FY20, against the original plan of FY20 end
Each planned studio store will be set up within an area of 500 square feet, with 225 square feet allotted to retail and the remaining space to workshops
New Delhi: Amid demand slowdown and dealership shutdowns, India’s largest mid-capacity motorcycle manufacturer, Royal Enfield, said that it has fast-forwarded its retail expansion plan of adding 350 studio outlets to its existing retail network by the end of Q2FY20. The original plan, first announced in June this year, was to open up as many studio outlets by the end of FY20.