Bob
8th September 2006, 00:02
Eicher Motors on Thursday said it was scouting for partners for Royal Enfield, which was hived off into a separate unit in July.
"We are looking for both financial and technical partners for Royal Enfield but we have not worked out the details as yet" said Eicher Motors Managing Director and CEO Siddharth Lal. He said the company was willing to dilute its stake in Royal Enfield but "we would like to retain the majority to run the company".
"We are looking for both financial and technical partners for Royal Enfield but we have not worked out the details as yet" said Eicher Motors Managing Director and CEO Siddharth Lal. He said the company was willing to dilute its stake in Royal Enfield but "we would like to retain the majority to run the company".