Siddhartha Vikram Lal (born October 1973) is an Indian businessman. He is the son of
Vikram Lal, and a former chief executive officer (CEO) and the current managing director (MD) of
Eicher Motors
Eicher Motors Limited is an Indian multinational automotive company that manufactures motorcycles and commercial vehicles, headquartered in New Delhi. Eicher is the parent company of Royal Enfield, a manufacturer of middleweight motorcycl ...
, a director of Eicher Goodearth Limited and chairman and MD of VE Commercial Vehicles.
Lal is credited with the
turnaround and revival of
Royal Enfield
Royal Enfield was a brand name under which The Enfield Cycle Company Limited of Redditch, Worcestershire sold motorcycles, bicycles, lawnmowers and stationary engines which they had manufactured. Enfield Cycle Company also used the brand name "E ...
Early life and education
Siddhartha Vikram Lal is the son of
Vikram Lal, who was the chief executive officer of
Eicher Motors
Eicher Motors Limited is an Indian multinational automotive company that manufactures motorcycles and commercial vehicles, headquartered in New Delhi. Eicher is the parent company of Royal Enfield, a manufacturer of middleweight motorcycl ...
.
Like his father, Siddhartha attended
The Doon School
The Doon School (informally Doon School or Doon) is a selective all-boys boarding school in Dehradun, Uttarakhand, India, which was established in 1935. It was envisioned by Satish Ranjan Das, a lawyer from Calcutta, who prevised a school mod ...
for his secondary education. After completing
twelfth grade
Twelfth grade, 12th grade, senior year, or grade 12 is the final year of secondary school in most of North America. In other regions, it may also be referred to as class 12 or Year 13. In most countries, students are usually between the ages of 17 ...
, Lal attended the
St. Stephen's College of
University of Delhi
Delhi University (DU), formally the University of Delhi, is a collegiate central university located in New Delhi, India. It was founded in 1922 by an Act of the Central Legislative Assembly and is recognized as an Institute of Eminence (IoE) ...
for a bachelor's degree in economics in the 1994. Between 1996 and 1998, he attained a
postgraduate diploma
A postgraduate diploma (PgD, PgDip, PGDip, PG Dip., PGD, Dipl. PG, PDE) is a postgraduate qualification awarded after a university degree, which supplements the original degree and awards them with a graduate diploma. Countries that award postg ...
in mechanical engineering from
Cranfield University
, mottoeng = After clouds light
, established = 1946 - College of Aeronautics 1969 - Cranfield Institute of Technology (gained university status by royal charter) 1993 - Cranfield University (adopted current name)
, type = Public research uni ...
, and a master's degree in
automotive engineering
Automotive engineering, along with aerospace engineering and naval architecture, is a branch of vehicle engineering, incorporating elements of mechanical, electrical, electronic, software, and safety engineering as applied to the design, manufac ...
from the
University of Leeds
, mottoeng = And knowledge will be increased
, established = 1831 – Leeds School of Medicine1874 – Yorkshire College of Science1884 - Yorkshire College1887 – affiliated to the federal Victoria University1904 – University of Leeds
, t ...
in England.
He has a sister, Simran Lal.
Career
Lal, after completing his education started working with
MAN Nutzfahrzeuge AG. He joined
Eicher Group in 1999, working in various capacities in the Eicher tractor division, and then became CEO of Royal Enfield in 2000 (at the age of 26) aiming to end the unit's losses. From 2000 to 2004, he worked out of Royal Enfield's headquarters in
Chennai
Chennai (, ), formerly known as Madras (List of renamed Indian cities and states#Tamil Nadu, the official name until 1996), is the capital city of Tamil Nadu, the southernmost states and territories of India, Indian state. The largest city ...
, introducing cost-cutting measures and product upgrades.
"Honestly, at age 26, it seemed a fun thing to do. I could eat, sleep, ride and talk motorcycles," Lal said in a 2015 interview.
In Jan 2004, Lal was appointed as the
chief operating officer
A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the " C-suite". The COO is usually the second-in-command at the firm, especially if t ...
(COO) of Eicher Motors.
In May 2006, Lal took over as the CEO and MD of Eicher Motors.
Positions held
Personal life
Siddhartha Lal relocated from
Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders w ...
to London,
in August 2015, in order to be close to Royal Enfield's new
R&D centre in
Leicestershire
Leicestershire ( ; postal abbreviation Leics.) is a ceremonial and non-metropolitan county in the East Midlands, England. The county borders Nottinghamshire to the north, Lincolnshire to the north-east, Rutland to the east, Northamptonshire t ...
.
"We are in the process of developing engines for the international markets and lots of developmental work is happening in the UK. It is for that I have decided to move to the UK for one year," he said.
References
{{DEFAULTSORT:Lal, Siddhartha
1973 births
Alumni of the University of Leeds
Alumni of Cranfield University
Businesspeople from Delhi
Living people
St. Stephen's College, Delhi alumni
The Doon School alumni
Indian chief operating officers
Punjabi people
Eicher Motors