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Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Motorist ride on Royal Enfield during Royal Enfield’s Independence Day Ride to mark the 67th national Independence Day in Mumbai on Thursday, 15 August 2013.

Shaji Koshi, Senior Vice President, Sales and Marketing , Royal Enfield & Dr Venki Padmanabhan, CEO, Royal Enfield with during the launch of Royal Enfield Thunderbird 500cc bike at Hotel Taj Westend in Bangalore on Thursday, 25 October 2012.

Shaji Koshi, Senior Vice President, Sales and Marketing , Royal Enfield & Dr Venki Padmanabhan, CEO, Royal Enfield with during the launch of Royal Enfield Thunderbird 500cc bike at Hotel Taj Westend in Bangalore on Thursday, 25 October 2012.

Shaji Koshy, Sr. VP, Sales & Marketing, Royal Enfield with Siddharth Lal, MD & CEO, Eicher Motors Ltd & Dr Venki Padmanabhan, CEO, Royal Enfield poses for the photographers during the unveiling of Royal Enfield’s Thunderbird 500 in Mumbai on Thursday, 11 October 2012.

Shaji Koshy, Sr. VP, Sales & Marketing, Royal Enfield with Siddharth Lal, MD & CEO, Eicher Motors Ltd & Dr Venki Padmanabhan, CEO, Royal Enfield poses for the photographers during the unveiling of Royal Enfield’s Thunderbird 500 in Mumbai on Thursday, 11 October 2012.

Siddharth Lal, MD & CEO, Eicher Motors Ltd addressing during the unveiling of Royal Enfield’s Thunderbird 500 in Mumbai on Thursday, 11 October 2012.

Siddharth Lal, MD & CEO, Eicher Motors Ltd poses during the unveiling of Royal Enfield’s Thunderbird 500 in Mumbai on Thursday, 11 October 2012.

Siddharth Lal, MD & CEO, Eicher Motors Ltd poses during the unveiling of Royal Enfield’s Thunderbird 500 in Mumbai on Thursday, 11 October 2012.

Bikers during the flag-off ceremony of the 9th Royal Enfield Himalayan Odyssey group riders ride from Delhi to Khardung La at India Gate in New Delhi on Friday, 23 June 2012.

Bikers during the flag-off ceremony of the 9th Royal Enfield Himalayan Odyssey group riders ride from Delhi to Khardung La at India Gate in New Delhi on Friday, 23 June 2012.

Bikers during the flag-off ceremony of the 9th Royal Enfield Himalayan Odyssey group riders ride from Delhi to Khardung La at India Gate in New Delhi on Friday, 23 June 2012.

Dr. Venki Padmanabhan, CEO of Royal Enfield flag-offs the 9th Royal Enfield Himalayan Odyssey group riders ride from Delhi to Khardung La at India Gate in New Delhi on Friday, 23 June 2012.

Dr. Venki Padmanabhan, CEO of Royal Enfield addressing during the flag-off ceremony of the 9th Royal Enfield Himalayan Odyssey group riders ride from Delhi to Khardung La at India Gate in New Delhi on Friday, 23 June 2012.

Dr. Venki Padmanabhan, CEO of Royal Enfield addressing during the flag-off ceremony of the 9th Royal Enfield Himalayan Odyssey group riders ride from Delhi to Khardung La at India Gate in New Delhi on Friday, 23 June 2012.

Dr. Venki Padmanabhan, CEO of Royal Enfield addressing during the flag-off ceremony of the 9th Royal Enfield Himalayan Odyssey group riders ride from Delhi to Khardung La at India Gate in New Delhi on Friday, 23 June 2012.

Bikers during the flag-off ceremony of the 9th Royal Enfield Himalayan Odyssey group riders ride from Delhi to Khardung La at India Gate in New Delhi on Friday, 23 June 2012.

Shaji Koshy, Senior VP Sales & Marketing & Dr Venki Padnamabham, Chief Executive Officer , Royal Enfield poses for the photographers during the launch of Royal Enfield’s two new bikes- The Classic Chrome & Desert Storm at Juhu in Mumbai on Thursday, 29 September 2011.

Shaji Koshy, Senior VP Sales & Marketing & Dr Venki Padnamabham, Chief Executive Officer , Royal Enfield poses for the photographers during the launch of Royal Enfield’s two new bikes- The Classic Chrome & Desert Storm at Juhu in Mumbai on Thursday, 29 September 2011.

Shaji Koshy, Senior VP Sales & Marketing & Dr Venki Padnamabham, Chief Executive Officer , Royal Enfield poses for the photographers during the launch of Royal Enfield’s two new bikes- The Classic Chrome & Desert Storm at Juhu in Mumbai on Thursday, 29 September 2011.

Shaji Koshy, Senior VP Sales & Marketing & Dr Venki Padnamabham, Chief Executive Officer , Royal Enfield poses for the photographers during the launch of Royal Enfield’s two new bikes- The Classic Chrome & Desert Storm at Juhu in Mumbai on Thursday, 29 September 2011.

Shaji Koshy, Senior VP Sales & Marketing & Dr Venki Padnamabham, Chief Executive Officer , Royal Enfield poses for the photographers during the launch of Royal Enfield’s two new bikes- The Classic Chrome & Desert Storm at Juhu in Mumbai on Thursday, 29 September 2011.

Riders participate of the eighth edition of the Himalayan Odyssey which was flagged off early this morning by Dr Venkatesh (Venki) Padmanabhan, CEO, Royal Enfield in new Delhi on Saturday, 25 June 2011.This year the Himalayan Odyssey has achieved yet another accolade by increasing the number of adventure seekers.

Riders participate of the eighth edition of the Himalayan Odyssey which was flagged off early this morning by Dr Venkatesh (Venki) Padmanabhan, CEO, Royal Enfield in new Delhi on Saturday, 25 June 2011.This year the Himalayan Odyssey has achieved yet another accolade by increasing the number of adventure seekers.

Mr. Shaji Koshy, Head Sales and Marketing Royal Enfield during the Launch of Classic 500 Royal Enfield Bullet in Kolkata on Friday, 27 November 2009.

Mr. Shaji Koshy, Head Sales and Marketing Royal Enfield during the Launch of Classic 500 Royal Enfield Bullet in Kolkata on Friday, 27 November 2009.

Siddartha Lal, MD & CEO of Eicher Motors addresses during the launch of bikes Royal Enfield motorcycle Classic 350 and Classic 500 in New Delhi ion Wednesday, 04 November 2009. Eicher Motors Group company Royal Enfield today launched two bikes, Classic 350 and Classic 500, priced at Rs 98,086 and Rs 1.25 lakh (ex-showroom Delhi) respectively. The Classic 500 is powered by a single cylinder 500 cc unit-construction engine (UCE) supported by electronic fuel injection.