Building BusinessServices

Section 37

How Royal Enfield turned around by fixing the product

Should you sell a loved but loss-making brand, or fix it?

case
Turnaround
years
2009-2025
About 2,000 to over 10,000
Monthly sales before and after · 2012
30,046 vs 20,068
Quarterly sales, Q3 2012 vs Q3 2011 · 2012
10,09,900 motorcycles
Annual sales · 2024-25
  1. 01

    The situation

    About a decade before 2012, Royal Enfield was deep in losses and the common view was to sell it, Autocar Professional reported. Buyers complained of frequent breakdowns and long repair times.

  2. 02

    The decision

    Under Siddhartha Lal, the company kept the brand's classic character but fixed reliability. It introduced a new unit-construction engine platform, first on the Classic in 2009, moved to die-cast aluminium parts and CNC machining for tighter tolerances, and invested in design and testing. It also built a riding community through events such as the Himalayan Odyssey and dealer-led rides.

  3. 03

    The outcome

    By 2012, Autocar Professional reported, monthly volumes had grown from about 2,000 to over 10,000. In 2024-25 Royal Enfield sold 10,09,900 motorcycles, its first year above 1 million. Eicher's press release recalled a time when 50,000 motorcycles a year felt like a big win.

Sources (2)
  1. 2012 News Maker: Siddhartha Lal · 2012
  2. Royal Enfield clocks its highest-ever 1 million annual sales milestone (press release, 1 April 2025) · 2025

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