[Kevin Mahoney]

Here is a link to an interesting article I picked up from Google today
http://www.moneycontrol.com/news/cnbc-tv18-comments/boostroyal-enfield-helps-eicher-aim-higher_423444.html

[Livesteam45]

That is encouraging news.......good to hear.  It will be Spring before I can place an order for an Enfield, I'm looking forward to it.

[r80rt]

I like the sound of that!

[1Blackwolf1]

  Excellent, very rare to hear of a company doing very well.  But I believe part of it's to do with the fast response they give to their owners.  The recall this last year was expertly handled.  Other companies may not have been so eager to fix a major problem.  I know that from experience because of past ownership of recalled GM vehicles.   Will.
 

[Cabo Cruz]

Br. Kevin, are there conversations among the REM executives to set up a manufacturing plant in the US?  If so, what role will CMW play in producing the US-built bikes?  I look foeward to reading your responses.

[Kevin Mahoney]

I can assure you that there are no plans to manufacture Royal Enfields in the US. Our of curiosity what prompted the question?

[Cabo Cruz]

"Our of curiosity what prompted the question?"  Kevin Mahoney

1. There are Indian companies that are setting up manufacturing plants in the US.
2. Based on its business goals, REM wishes to increase a) its production output, b) its exports and c) its presence in Central and South America.

So, I was just curiously thinking outside the box... nevertheless and in this potential business scenario (a figment of my imagination), 2+2=4 always in Math but, of course, not always in business planning.

And thanks for the response, Kevin.

[Kevin Mahoney]

Brazil might be a good choice. if you manufacturer there and provide jobs the government makes it easy and affordable tax wise. There is also a very good base of suppliers in Brazil.i

Getting tougher to bring people into the US to manufacture. Even if you take labor costs and environmental rules out of the equation, between the cost of navigating among government agencies and taxes it is getting hard to make a good business case. Sad but true. We can wring our hands about losing manufacturing jobs here but we are doing it to ourselves. We are only one of two countries left in the word that thinks it is a good economic idea to increase the tax burden on businesses. Not a political statement but a fact. We may hear stories about some big company not paying it's fair share, but the reality for most businesses in the US is that it is burdensome and getting worse.
  The overseas companies I am aware of are terrified to consider coming to the US because of our crazy liability laws which are driven by the trial lawyers and whichever group of politicians they are paying the most to at any given time. Even if some of the fears are not founded, that is what i hear over and over again.

[Chasfield]

Convert 125,000 rupees into dollars, and weep.