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India Yamaha Motor to set up two wheeler facility in India

Friday, 06 Jan 2012
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India Yamaha Motor is planning to set up a manufacturing facility in India.

Currently, the company is scouting for land in Karnataka and Tamil Nadu. However, financial and capacity details of the plant are yet to be finalised. Presently, Yamaha has two plants each in Uttar Pradesh and Haryana.

This apart, the company intends to invest Rs 800 crore on capacity enhancement by 2014. It plans to sell around 10 lakh units by 2014. Also, the company intends to foray into the scooter segment in India.

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