Parts shortage, delay in model launches compel Royal Enfield to cut output plan

While this may mean growth of 10-12% for the maker of the Bullet motorcycle after two consecutive years of volume contraction, it will be less than half of the 25-30% growth rate anticipated by the market. This may mean a potential revenue loss of Rs 1,600 crore.

from Auto-Industry-Economic Times https://ift.tt/3iAxPau