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Yamaha vendors to invest in Tamil Nadu

Wednesday, 22 Apr 2015
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Vendors of two wheeler major, Yamaha Motor, will be setting up base at the company’s vendor park adjoining the still-to-be inaugurated facility in Tamil Nadu. The vendors are investing Rs 1,000 crore in the base.

 

A total of nine vendors are setting up factories in the vendor park beside Yamaha Motor’s plant. Out of these, six have already started operations.

 

Some of these are SMEs from Japan and are opening their first overseas factories in India, and seven of the nine have signed MoUs with the Tamil Nadu government.

 

The initial capacity of the new plant is 4.5 lakh units, and this will be scaled up in stages. Yamaha Motor is targeting 1.8 million units by 2018.

 

The new plant, with an investment of Rs 1,500 crore, is to be formally inaugurated next month. Located on 110 acre, it has an adjoining vendor park on 70 acre.

 

More Project Info:
Two-Wheelers (Vallam Vadagal) Project

 
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