India Yamaha Motor achieves 10 million production milestone in India
India Yamaha Motor (IYM), the Japanese two-wheeler manufacturer, announced the production achievement of 10 million units in India. IYM achieved this feat since it began its operations in India in 1985. IYM’s three manufacturing facilities at Surajpur, Faridabad and Chennai jointly contributed to the overall production achievement of the company till date. The 10 millionth product rolled out at this ceremony was Yamaha’s best-selling motorcycle model FZS-FI Version 3.0 from its Chennai factory. The event witnessed the presence of senior management members from Yamaha Motor, Japan, Yamaha Motor India Group of Companies, Mitsui & Co. Ltd., vendor park companies, employees and employee representatives.
The scooter models in this period contributed to 44% of the overall production with ‘Fascino’ being the major contributor. Out of the 10 million units produced till date, 80% units were manufactured at Surajpur and Faridabad facility and 20% units were manufactured at Chennai. Also, the motorcycle models contributed to 77.88 lakh units whereas the scooter models contributed to 22.12 lakh units.
“We have received phenomenal response from our customers from across the country. This landmark achievement is a testimony of our growing popularity and demand for our products which are exciting, stylish and sporty. Going forward, we will continue to excite our customers and empower their lives through world class products and services," said Motofumi Shitara, chairman, Yamaha Motor India Group of Companies.
Since the establishment of Chennai factory in the year 2015, it has played a key role in the overall production strategy. With a production capacity of 4.5 lakh units in 2015 to 9 lakh units in 2019, the Chennai factory is leading the way for IYM in terms of meeting the production targets of the company every year.