Yamaha India aims at 10% market share
September 8th, 2008 Leave a comment Visited 43 times, 1 so far today
Yamaha India aims at 10% market share
Japanese automaker Yamaha has said that they are aiming to garner a 10% market share in the lucrative Indian bike market.
The company has planned an Rs 800 crore capex plan.
Yamaha said in a statement: “We will invest Rs 800 crore in India and double capacity to 8,00,000 motorcycles and strengthen our dealers network.”
The company has already introduced some high end motorcycles in the market and they are planning to bring in some more new models.
Yamaha India is also setting up a new plant in Surajpur in Uttar Pradesh which would start manufacturing next year.
They already have two plants in Surajpur in Uttar Pradesh and Faridabad in Haryana.
The company has on offer in the Indian market following products: Yamaha MT01, Yamaha YZF-R1, Yamaha YZF-R15, Yamaha Gladiator Type SS, Yamaha RS, Yamaha Gladiator Graffiti, Yamaha G5, Yamaha Alba and Yamaha Crux.
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