Vikram Lal Companies
Vikram Lal's family controls Eicher Motors, owner of Royal Enfield and partner with Volvo in trucks and buses 1. The family also owns the lifestyle brands Good Earth and Nicobar 3.
Vikram Lal companies
| Company | Family link | Status |
|---|---|---|
| Eicher Motors | Controlling shareholders; son Siddhartha is executive chairman 1 | Listed on BSE and NSE |
| Royal Enfield | Owned by Eicher Motors 1 | Over 1.2 million bikes sold in 2025-26 1 |
| Volvo-Eicher venture | Joint venture with Sweden's Volvo 1 | Makes trucks and buses |
| Good Earth | Founded by wife Anita; run by daughter Simran 13 | Private |
| Nicobar | Run by daughter Simran 3 | Private |
Eicher Motors and Royal Enfield
Royal Enfield is the core of Eicher's value. Forbes says the brand has been made without a break since 1901, making it the world's oldest motorcycle in continuous production 1. Eicher runs four factories in India, and its motorcycle sales passed 1.2 million in the year to March 2026, up 22% 1.
Trucks and buses
Eicher's commercial vehicle business, which began with light trucks in 1986, now operates in partnership with Volvo 13.
Lifestyle brands
Separate from Eicher, Anita Lal founded Good Earth, a chain of luxury home and clothing stores. Daughter Simran now runs it along with the more casual Nicobar label 13.