|
|
|
|
|
26th Ramadan 1435 | Friday, Jul 25, 2014
Business

India Yamaha Motor targets one million units by 2015

Friday, 4 January 2013
Comments(0)
Chennai, January 04:

Hoping to sell around one million two-wheelers by 2015, India Yamaha Motor Pvt Ltd expects its scooters to contribute a major share in that, a senior company official said Friday.

"Nearly 40 percent of the one million units will be from two-wheelers. The scooter segment is growing at around 20 percent per annum while the two-wheeler segment is growing at 11 percent," Roy Kurian, national business head - sales, told reporters here.

Kurian said the company's upcoming 1.5 million unit Tamil Nadu plant at an outlay of around Rs.1,500 crore would initially roll out scooters. The plant is expected to begin operations in 2014 and will also cater to Japanese company Yamaha's overseas markets.

India Yamaha Motor entered the scooter segment with its Ray model last September and has sold around 35,000 units till date, Kurian said.

For the current year, India Yamaha Motor is targeting to sell around 500,000 units this year out of which a substantial portion will be accounted by scooters, he said.

According to Masaki Asano, deputy managing director, the company will be focusing on the southern markets for its scooters.

Targeting the women's segment for its scooters, India Yamaha Motor launched the country's first Yamaha female riding training programme here.

According to the company, public transport facilities are bad for women in most parts of India. Women find it very difficult to use whatever little transport is available due to harassment on buses and other public transport.

India Yamaha Motor will focus on students of 11th and 12th standards in the training programme.

----IANS

Latest News

Sikhs will give befitting reply to Congress tactics: Badal

Punjab Chief Minister Parkash Singh Badal Friday asserted that the Sikhs will not succumb to the "po ...

Telangana accident: Child's body exhu...

Police exhumed the body of a six-year-old boy, one of the victims of Thursday's tragic school bus-train collision in Telangana's Medak distr ...

I'm a brand ambassador for Hyderabad since many years: Sania

Setting aside the controversy over her appointment as the brand ambassador of Telangana Stte, Tennis ...

Related News

Jet Airways appoints new management team

Jet Airways Friday appointed Raj Sivakumar as its chief commercial officer with immediate effect. ...

Facebook has announced its second quarter's earnings, and shows a considerable rise in advertising r ...

HT Media Q1 net at Rs 32.67 crore

HT Media today reported consolidated net profit of Rs 32.67 crore on the back of net sales of Rs 540.51 crore in the fi ...

Post new comment

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

Rs. 27660 (Per 10g)

Opinion Poll
Do you think the Rail Budget 2014-15 is people-friendly?
YesNoCan't say

Matrimony | Photos | Videos | Search | Polls | Archives | Advertise | Letters

© The Siasat Daily, 2012. All rights reserved.
Jawaharlal Nehru Road, Abids, Hyderabad - 500001, AP, India
Tel: +91-40-24744180, Fax: +91-40-24603188
contact@siasat.com