Milestones

A journey, spanning over five decades, Eicher has come a long way. These rewarding times saw the company grow, diversify, acquire, amalgamate, consolidate and expand; winning hearts and trust of clients, dealers/distributors and shareholders alike.

The path pursued has been illuminated with landmarks and milestones, which stand as an edifice saluting our achievements. These milestones can be divided into 3 phases.

Initial Phase

1948
Goodearth Company set up to sell and service imported tractors
1952-57
Goodearth Company imported and sold about 1500 tractors in India
1958
Eicher Tractor Corporation of India Ltd. incorporated
1959
First indigenous Eicher tractor built
1959
Eicher came out with India's first indigenously built tractor from its Faridabad factory
1960
Eicher changed name from Eicher Tractor Corporation of India Pvt. Ltd. to Eicher Tractors India Ltd.
1965-75
100% indigenization achieved in Eicher Tractors

Mid Journey

1980
Eicher Goodearth Ltd. name given to Eicher
1982
Collaboration agreement with Mitsubishi for the manufacture of Light Commercial Vehicles signed in Tokyo
1982
Incorporation of Eicher Motors Ltd.
1985
Silver Jubilee Year for Eicher
1986
Eicher Motors Ltd. springs into operation
1987
Eicher Tractors went public

More Recent

1990
Eicher Goodearth buys 26% equity stake in Enfield India Ltd.
1991
ECS launched; Eicher takes over Ramon & Demm
1992
Eicher Tractors Ltd. selected as 'Company of the Year' for 1990-91 in the four-wheeler category comprising commercial vehicles, passenger cars, jeeps and tractors
1993
Eicher adopts new identifier
1993
Eicher acquires majority stake in Enfield India (60% equity shareholding)
1994
Eicher Motors Ltd. ends the technical assistance agreement with Mitsubishi after a successful transfer of technology and achieving total indigenisation
1994
Enfield India Ltd. changed its name to Royal Enfield Motors Ltd.
1995
Eicher City Map - Delhi launched
1996
Eicher Tractors Ltd. amalgamated with Royal Enfield Motors to form Eicher Ltd.
2005
Eicher Motors Ltd. has disinvested the businesses of tractors and engines to TAFE Motors & Tractors Ltd. (TMTL)
2008
Volvo Group and Eicher Motors Ltd. established VE Commercial Vehicles Limited (VECV)
2010
The company launched the VE-series of Heavy Duty trucks
2012
Royal Enfield launches the Thunderbird 500 and 350 models.
2013
Royal Enfield opens second manufacturing facility in Oragadam, Tamil Nadu. In September 2013, Royal Enfield globally launches the Continental GT 535cc café racer in London, UK.
2014
Royal Enfield opens its first concept store in Saket, New Delhi and launches its first exclusive store in London, UK.

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