The Indian unit of Japan based leading two-wheeler maker Yamaha is planning to introduce scooters in the country by next year. The new scooters will be launched in a bid to boost company’s sales in the country.
In a recent statement given to reporters, Yamaha Motor India director and chief sales officer Jun Nakata said, "We have a numbers of scooters in other markets like the US and Europe, and currently, we are studying the Indian market. We will launch entry level scooters here soon."
The Yamaha scooters will be manufactured at the company’s facilities at Surajpur and Faridabad. According the Yamaha India CEO & MD Hiroyuki Suzuki, the company will be investing USD 10 million in the country by 2012 for increasing its scooter capacity by one million units.
Moreover, the two-wheeler manufacturing capacity of the company is expected to be increased to 6 lakh units from existing capacity of 5 lakh units.
In year 2011, the company has projected to sell 5 lakh units of its two-wheelers including domestic sales of 3.5 lakh units and exports of about 1.5 lakh units. At present, the company accounts for a motorcycle market share of 2 percent in the country.
