|
|
|
|
|
8th Shabanul Mujam 1436 | Wednesday, May 27, 2015
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

Decision on Ram temple will be taken as per Constitution: BJP

With the RSS and VHP pushing for construction of Ram temple in Ayodhya, BJP today said it is committ ...

Kuwait emir asks Muslim states to increase extremism fight

Muslim countries must increase measures to fight extremism, Kuwait's emir said today, at the start o ...

'Bangladesh plans to move thousands of Rohingya to island'

Bangladesh plans to relocate thousands of Rohingya who have spent years in refugee camps near the My ...

Related News

Balrampur Chini to invest Rs 200 crore on raising ethanol capacity

Balrampur Chini Mills is planning to invest Rs 200 crore in its three units to enhance the productio ...

Gold, silver fall to two-week low on global cues

Gold remained under pressure for the straight eight session to dropped near its two-week lows at Rs ...

United Spirits down 3.5% on Q4 net loss

Shares of liquor firm United Spirits Ltd (USL) today fell by 3.5% after the company reported a standalone net loss of Rs ...

Post new comment

To combat spam, please enter the code in the image.

Rs. 26810 (Per 10g)

Opinion Poll
Should mercy killing be legalised in India?
YesNoCan't say

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

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