Yamaha studying domestic scooter market
By Our Corporate Bureau | 05 Jul 2005
Pune: Yamaha Motor India is studying the Indian market for scooters for the possible launch of a new product line, company officials have said. It is also working on new engines and technologies for future motorcycles that will make Yamaha a key player in the premium segment.
The company's capacity will also go up from 3.5 lakh units to five lakh units in the next couple of years.
Meanwhile, the company is embarking on a plan to restructure its sales and service network, with at least 100 of the existing 400 dealers having to upgrade the hardware and software skills available in their dealerships.
The company is also on the verge of launching 'Yamaha Point' service centres that will come up across major metros and state capitals beginning with Mumbai, officials said.
The 110-cc G5 will be formally launched in the second week of July with an ex-showroom price tag of Rs 40,900 plus. This along with Fazer DX and LX, will be a precursor to a host of new models which the company says will transform the market from being utility-driven to pleasure driven.
Yamaha's exports is on the rise with the numbers going up from 50,000 units last year to an expected 60,000 units in the current year. The company exports bikes largely to South America and the South-East Asian countries.