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ON ROYAL ENFIELD.
SUBMITTED BY:
GROUP 2(sec-B)
SUBHASHREE P
SWATHI RAMAMURTHY
VIJAY R
VIDHYA S
SAI SREENIVAS DATTA
ROYAL ENFIELD
HISTORY:
Royal Enfield is an Indian motorcycle manufacturing company with
factories in Chennai, India. Originally a British motorcycle
company, Royal Enfield and indigenous Madras Motors, it is now a
subsidiary of Eicher Motors Limited, an Indian automaker.
Established in 1893, Royal Enfield is among the oldest motorcycle
companies.
In 1955, the Redditch company partnered with Madras Motors in India.
By 1962, all components were made in India.
It started in India for the Indian Army 350 cc bikes were imported in kits
from the UK and assembled in Chennai. After a few years, the company
started producing the 500 cc Bullet.
In 1990, Royal Enfield collaborated with the Eicher Group, an automotive
company in India, and merged with it in 1994.
Although Royal Enfield experienced difficulties in the 1990s, and ceased
motorcycle production at their Jaipur factory in 2002, by 2013 the
company opened a new primary factory in the Chennai suburb
of Oragadam on the strength of increased demand for its motorcycles.
In 2014 Royal Enfield appointed Pierre Terblanche as the head of new
product design.
Royal Enfield currently sells motorcycles in more than 50 countries. Royal
Enfield surpassed Harley-Davidson in global sales in 2015.
In August 2015, Royal Enfield Motors announced it is establishing its
North American headquarters and a dealership in Milwaukee, Wisconsin.
From April to September, 2015, Royal Enfield's domestic sales were 50%
higher than the previous year, despite a declining motorcycle market in
India.
PRODUCT CATEGORY
Two wheeler motor vehicles are classified in to 7 types. Those are:
1. Sports bikes
EXAMPLES: KTM, KAWASAKI, YAMAHA, HONDA, SUZUKI, DUCATI,
BENELLI.
2. SCOOTER:
EXAMPLES: ACTIVA, VESPA, ACCESS, JUPITER, WEGO
4. NAKED BIKES
EXAMPLES: KTM DUKE 200 AND DUKE 390, BENELLI TNT 899
5. STANDARD
EXAMPLES: SUZUKI GIXXER, HONDA UNICORN, TVS VICTOR, ROYAL
ENFIELD BULLET 500
6. CRUISER
EXAMPLES: TRUIMPH ROCKET 3, ROYAL ENFIELD THUNDERBIRD
7. RETRO STREET BIKES: Royal Enfield classic chrome, classic 350, classic
500.
8. TOURING
EXAMPLE: ROYAL ENFIELD HIMALAYAN
BRAND PORTFOLIO
1. CAF RACER
a. CONTINENTAL GT
2. CRUISER
a. THUNDERBIRD 500
b. THUNDERBIRD 350
3. RETRO STREET
a. CLASSIC SQUADRON BLUE
b. CLASSIC DESERT STORM
c. CLASSIC BATTLE GREEN
d. CLASSIC CHROME
e. CLASSIC 500
f. CLASSIC 350
4. STANDARD STREET
a. BULLET 500
b. BULLET 350
c. BULLET ES
5. HIMALAYAN
Royal Enfield is targeting at bikers in the age group of 25-45 years of age, they
are working executives who are interested in long rides, weekend touring and
leisure riding in case of Tier 1&2 cities and young, rich and powerful in terms of
Tier 3 & district headquarters.
POINT OF PARITY:
COMPETITOR ANALYSIS:
BRAND PERCENTAGE
Bajaj 35.2
Enfield 22.2
Yamaha 13.5
TVS 11.6
HMSI 8.1
Others 3.6
BRAND ELEMENTS:
BRAND LOGO
SYMBOLS