Vikram Lal & family
Motorcycles · Delhi
Net worth
$11.7B
Today
+$7M+0.06%Past month
+$1.0B+9.75%As of Nov 11, 2026, 1:50 PM EST
Two-wheeler tycoon Vikram Lal's Eicher Motors makes the iconic Royal Enfield motorbikes. Eicher, which has four factories in India, sold more than 1.2 million bikes in the fiscal year ended March 2026, a 22% growth from the previous year. His son Siddhartha was appointed executive chairman in 2025 after previously served as managing director. In 2021, shareholders opposed his proposed salary hike. Eicher has a joint venture with Sweden's Volvo to make trucks and buses. Vikram's father Man Mohan Lal founded a tractor shop called Goodearth in 1948 and went on to partner with German firm Eicher to make tractors.
Net worth over time
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Eicher Motors Ltd. BSE INDIA: 505200-IN | Automotive | 93.1% | $10.9B |
Private and other holdings | Automotive | 6.9% | $810M |
Also known for
- Royal Enfield is the oldest motorcycle in continuous production, since 1901, in the world.
- His wife Anita founded Good Earth, a chain of luxury home and apparel stores, now run by their daughter Simran.