Current Affairs - Persons - Discussion

Eicher Motors Ltd. has appointed Vinod K. Dasari as the Chief Executive Officer of Royal Enfield. He will also join the board of Eicher Motors as executive director with immediate effect. He stepped down as MD and CEO of Ashok Leyland on March 31. He takes over from Siddhartha Lal, who will continue as the MD of Eicher Motors. The company also plans to invest Rs.700 crore in capital expenditure for 2019-20. The planned expenditure will include completion of construction work of the Technology Centre, Phase-2 of the Vallam Vadagal plant in Tamil Nadu and towards the development of new platforms and products.