Mr Sumbly predicts good prospects for mid-sized motorcycles in Thailand.
Indian mid-sized motorcycle manufacturer Royal Enfield plans to open its Chachoengsao assembly plant in mid-2021, using Thailand as its production hub in Asia-Pacific.
Vimal Sumbly, Royal Enfield’s head for business in Asia-Pacific, said yesterday the plant will have capacity of over 3,500 units a year, based on the company’s sales in Thailand.
“Thailand is a high-potential market for motorcycles, especially mid-sized motorcycles,” he said.
Thailand has been the company’s automotive industry hub in Asean for more than 15 years.
The company declined to give information on investment budget.
Royal Enfield also plans to expand to 36 branches in Thailand to better serve customers nationwide by March next year, up from 30 at present.
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