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Business Economy


Yamaha Motor achieves 10 million production milestone in India

Yamaha Motor achieves 10 million production milestone in India

Chennai, May 14 (UNI) India Yamaha Motor (IYM), the Japanese two-wheeler

maker, on Tuesday announced the production achievement of 10 million units

in India.

It achieved this feat since it began its operations in India in 1985.

IYM’s three manufacturing facilities at Surajpur, Faridabad and Chennai

jointly contributed to the overall production achievement of the company

till date.

The 10 millionth product rolled out was Yamaha’s best-selling motorcycle

model FZS-FI Version 3.0 from its Chennai factory, an IYM release said.

On this occasion, the company achieved another major accomplishment of

producing five million units alone in last seven years between 2012 and

2019.

The scooter models in this period contributed to 44 percent of the overall

production with ‘Fascino’ being the major contributor.

Of the 10 million units produced till date, 80 percent were manufactured

at Surajpur and Faridabad facility and 20 percent at Chennai facility.

Also, the motorcycle models contributed to 77.88 lakh units whereas the

scooter models contributed to 22.12 lakh units.

“The journey for Yamaha has been quite exciting all these years. We have

received phenomenal response from our customers from across the country.

This landmark achievement is a testimony of our growing popularity and

demand for our products which are exciting, stylish and sporty', Yamaha

Motor India Group of Companies Chairman Motofumi Shitara said.

Since the establishment of Chennai factory in 2015, it has played a key role

in the overall production strategy.

With a production capacity of 4.5 lakh units in 2015 to nine lakh units in 2019,

the Chennai factory was leading the way for IYM in terms of meeting the

production targets of the company every year.

In the last five years, the Chennai factory along with Surajpur/Faridabad

factory have together met their production targets from 7.40 lakh units in

2014 to 10.2 lakh units in 2018.

UNI GV 1445

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