Yamaha Making Scooter Market in Japan

It's about Yamaha making scooter for india market in Japan.

India Yamaha Motors India is gearing up to foray into the fast growing scooter segment in the country with an all-new product that parent Yamaha Motor Corporation (YMC) is developing specifically for the Indian market.

Roy Kurian, national business head, India Yamaha Motors, said, “We were studying the Indian market intensively over the last two years to gauge the requirements of customers here. We decided we needed a new product for the consumers here. A product is in development at our R&D centre in Japan, which would be introduced shortly.”

Industry sources indicate a gearless scooter from the Yamaha fold is likely to hit Indian roads by the end of next year.

Kurian, however, declined to specify a definite timeline and technical specifications of the scooter the company is considering for introduction in the Indian market.

Scooters, at present, account for nearly 18 per cent of sales in the overall two-wheeler market in India. The segment is posting strong growth numbers with sales increasing by around 47 per cent between April and January this financial year to 1.7 million units. An electric scooter may also be launched for India in due course.

Additionally, the company is also considering introducing two new motorbikes in India in the course of the year, which may include possible upgrades.

Kurian added, “We want to consolidate our position in the market here. We sold 2.5 lakh units in India last year. This year, we expect to grow by at least 50 per cent and then double the growth rates recorded by the overall two-wheeler industry in the country.”

India Yamaha Motors has sold 228,378 motorcycles in the domestic market till January this year, which is an increase of 21.28 per cent as compared to the corresponding period of the last financial year.

The motorcycle segment in the period has grown by 23.57 per cent to 9.7 million units.

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