Yamaha Aims To Produce 8 Lakh Units In 2 Yrs
Japan’s two-wheeler producer Yamaha Motor has decided to double its production capacity to 8 lakh units in two years.
While opening the company’s showroom in Mumbai, Tsutomu Mabuchi, Managing Director & CEO said, “This is our goal, our target, our dream. We aim to have a 10% market share by 2010 and will break even before that.”
The company, with current market share of 2.5% plans to pump additional facilities at its manufacturing plant in Surajpur, Uttar Pradesh. Its two units in Surajpur and Faridabad presently produce 4 lakh units.
In the last financial year, the two wheeler company sold nearly 1.18 units whereas it has already crossed the mark of one lakh so far. Commenting on this, Pankaj Dubey, National Business Head, Sales & Marketing, Yamaha Motor India said, “We hope the festival season will give a further push to our sales. We are targeting two lakh unit sales by the end of this year.”