Classic Legends, headquartered in Mumbai, is considering establishing a greenfield factory as its existing plant in Pithampur, Madhya Pradesh approaches peak capacity by the end of the fiscal year. Co-founder Anupam Thareja indicated that the company is weighing whether to expand its current facility to produce 200,000 units or to build a new factory closer to its vendor bases. The motorcycle manufacturer has faced challenges since its inception in late 2018, particularly in competing with the dominant Royal Enfield brand. Sales dropped from 44,000 units in FY23 to 36,680 in FY24 and further to 32,430 in FY25 due to early quality issues and slow product cycles. However, a combination of new model launches, a reduction in the Goods and Services Tax (GST) on motorcycles up to 350cc from 28% to 18%, and a capital infusion of ₹1,000 crore (approximately $120 million USD) have helped the company recover. In FY26, Classic Legends sold 45,409 units, and production is projected to exceed 100,000 units in FY27, indicating a positive turnaround in demand.