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Yamaha’s plant in Chennai to begin operations by January 2015

Thursday, 09 Oct 2014
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Yamaha’s new plant at Vallam Vadagal in Kanchipuram, Chennai, will begin its operations by January 2015.

 

This plant, on the outskirts of Chennai, is estimated to cost Rs 1,500 crore and the company will invest money till 2018. Yamaha had signed an MoU with the state government in 2012, stating that the new plant would employ 1,800 people at the start of operations and around 6,500 in the next five years.

 

The plant at Vallam Vadagal in Kanchipuram will manufacture scooters in the beginning. It will have an initial annual capacity of four lakh units. By 2018, it plans to increase the number to 18 lakh units.

 

Yamaha envisions to sell around six lakh units in the domestic market and export around two lakh units this year. The new plant and the increased production capacity in other plants in Surajpur (Uttar Pradesh) and Faridabad (Haryana), will lead to achieving a combined motorcycle production capacity of 2.8 million units by 2018.

 

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

 
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