Vikram Lal

Vikram Lal’s Journey thus far …

• Vikram Lal joined the household enterprise, Eicher Motors, in 1966. Initially known as Goodearth Firm, the enterprise fashioned by his father Man Mohan Lal in 1948 began off as a vendor of imported tractors in India
• After being included in 1982, Eicher Tractors launched its IPO in 1987
• Beneath Lal’s management, Eicher signed a collaboration settlement with Mitsubishi to fabricate mild industrial autos in 1982
• His firm diversified its enterprise pursuits to incorporate bikes by buying a 26% stake in Enfield India Ltd. in 1990
• Eicher additional enhanced its holding in Enfield India to develop into a majority shareholder in 1993
• The Royal Enfield model was formally created in 1994
• Eicher’s tractor unit and Royal Enfield have been merged to type Eicher Ltd. in 1996
• Lal stepped down because the chairman of Eicher in 1997. His son Siddhartha Lal quickly joined the enterprise and have become the CEO of Royal Enfield in 2000
• His firm launched heavy-duty vans in 2010 and newer fashions of the Royal Enfield Thunderbird bike in 2012
• He turned a billionaire for the primary time in 2013
• Lal created the Goodearth Training Basis in 1996 to enhance high quality and accessibility to high quality schooling within the nation
• At this time, Eicher Motors produces bikes, vans, buses and different industrial autos and Lal holds round 49% stake within the firm

Earlier than you go …

• Eicher manufactured its first tractor in India in 1959
• Lal, being a cartography fanatic, anchored the corporate’s metropolis map venture which led to the launch of the Eicher Metropolis Map – Delhi in 1996. It was adopted by the creation of maps for different cities
• Reportedly, Lal is a licensed paragliding pilot