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Archives

Yamaha Chennai factory rolls out 1-millionth unit

26/10/2017 | Author: Autoguide | 0 Comments Back To Home   < Previous News   |   Next news >

One-millionth unit of Yamaha from its Chennai fact

India Yamaha Motor (IYM) reached a new production milestone of one million units at its Chennai factory recently. The one-millionth model rolled out of the factory is a stylish Fascino scooter. The other scooter and motorcycle models which contributed in reaching this landmark includes Ray Z, Ray ZR, Alpha, Saluto and Saluto RX.
 
Yamaha began its operation in Chennai in March 2015 with an initial capacity of 4.5 lakh units per annum. In a short span of two years, it increased its capacity to 6 lakh units per annum and by 2019, it will reach 9 lakh units per annum. The increase in production figures can largely be attributed to the increasing popularity of scooter and motorcycle brands of Yamaha in India. The total production capacity of IYM including the factories in Chennai and Surajpur by 2019 will reach at 1.6 million units per annum.
 
Mr Riuji Kawashima, Deputy MD, IYM, said, “The production of one million-unit in two years showcases the increasing popularity of our brand among the Indian customers. The important milestone will serve as a major boost for business development as well as future expansion plans in India. We will continue to enhance the production facilities and contribute to the requirements of the Indian two-wheeler market.”
 
Yamaha has so far invested Rs 1300 crore in the Chennai factory and plans to invest more than Rs 200 crore by 2018. The Chennai factory is the first in the Yamaha Motor Group which has a “Vendor Park” in its nearby vicinity. The vendor park has 9 vendors which have invested Rs 760 crore till date, employing more than 1,900 people. The facility is of strategic importance to Yamaha’s local and global business. Apart from catering to the domestic market, the plant is aimed at functioning as the manufacturing base for predominantly African market as well as ASEAN and Latin American markets.
 

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