Japanese two-wheeler major Yamaha plans to foray into the Indian scooter market by next year and will set up a separate body assembly line at its Surajpur plant in Uttar Pradesh for this purpose.
Japanese two-wheeler maker Yamaha plans to enter the automatic scooter market in India, in the next three years.
The company is also aiming to increase its market share in the 150cc motorcycle segment to 25 per cent by the end of this year from 15 per cent at present.
Japanese motorcycle major, Yamaha Motor Co, has drawn up a Rs 800 crore (Rs 8 billion) capex plan and is eyeing a 10 per cent marketshare in the fast growing high-end motorcycle market in India, a top company official said.
Motorcycle maker Yamaha Motor India on Thursday launched Crux S.
Yamaha Motors India on Thursday said it will invest Rs 400 crore (Rs 4 billion) in the next three years to expand operations and for setting up a new manufacturing plant.
Motorcycle maker Yamaha Motor India on Monday said it would invest Rs 400 crore in the next three years and aimed to break even in 2005 besides phasing out the Rajdoot and RX135 models.
Motorcycle major Yamaha said it would make profit this year and clock a 23 per cent sales growth by selling 400,000 units.
Japanese two-wheeler major Yamaha Motors said on Wednesday it may consider setting up a new plant in south India by 2010.
Japanese bike maker Yamaha on Tuesday launched two sport motorcycles, MT 01 and YZS R1 priced at Rs 10.5 lakh each (showroom price). The company which had been struggling to woo Indian customers wants to re-establish itself with the launch of these two bikes.
The Chennai facility will produce both bikes and scooters.
...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.
The measures government takes next to push economic growth will be the key for automotive sector
Even as domestic passenger car sales declined 29.4 per cent between April and August this year, exports grew 6.5 per cent, partially cushioning the blow from slowing sales.
Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?
Three way split of AIADMK has slowed decision-making, prompting industry to look outside the state, says T E Narasimhan.
