Royal Enfield, the iconic motorcycle manufacturer, reported a remarkable surge in sales, reaching 80,251 motorcycles sold in November 2023. This marks a significant 13% growth compared to the same period in the previous fiscal year, showcasing the brand's continued market dominance.
MOTORCYCLE SALES | November | YTD | ||||
|---|---|---|---|---|---|---|
2023 | 2022 | Growth | 2023’24 | 2022’23 | Growth | |
Domestic | 75,137 | 65,760 | 14% | 5,72,982 | 4,82,997 | 19% |
Exports | 5,114 | 5,006 | 2% | 48,690 | 64,973 | -25% |
Total | 80,251 | 70,766 | 13% | 6,21,672 | 5,47,970 | 13% |
And things are bound to get better for the retro bike maker. The official launch took place at Motoverse 2023 in India, where enthusiasts could book, test ride, and purchase the Himalayan at a special introductory price starting at Rs 2,69,000 (ex-showroom India), which is valid until December 31, 2023.
Adding to the excitement, Royal Enfield unveiled the Shotgun 650 Motoverse Edition, a unique custom-inspired neo-retro motorcycle, which garnered overwhelming response and sold out within 48 hours of its global debut in Goa.
The conclusion of Motoverse 2023, the 13th edition of Royal Enfield's renowned motorcycling festival, proved to be a thrilling experience for nearly 15,000 attendees from around the world. The event showcased electrifying music, action-packed adventure experiences, and a celebration of custom culture.
