India Yamaha Motor rides past 10 millionth two-wheeler production milestone
The company achieved this feat since it began its operations in India in 1985.
India Yamaha Motor has announced that it has notched the 10 million units production milestone in India. The big number comes up 34 years after the Japanese major began operations in India in 1985.
India Yamaha Motor says its three manufacturing facilities in Surajpur, Faridabad and Chennai have jointly contributed to the overall production achievement of the company. The 10 millionth product was Yamaha’s best-selling motorcycle model FZS-FI Version 3.0 from its Chennai factory. The event saw participation from senior management members from Yamaha Motor Co, Japan; Yamaha Motor India Group of Companies; Mitsui & Co; vendor park companies, employees and employee representatives.
The last five million units have been produced in the last seven years, between 2012 and 2019. Yamaha scooter models contributed to 44 percent of the overall production in this period with the Fascino being the major contributor. In FY2019, the Fascino sold a total of 202,227 units. Of the 10 million units produced till date, 80 percent units were manufactured at the North location (Surajpur and Faridabad facility) and 20 percent units were manufactured at the Chennai facility. The motorcycle models contributed the lion's share or 77.88 lakh units, whereas the scooter models contributed to 22.12 lakh units.
Commenting on the production landmark, Motofumi Shitara, chairman, Yamaha Motor India Group of Companies, said: “The journey for Yamaha has been quite exciting all these years. This landmark achievement is a testimony of our growing popularity and demand for our products which are exciting, stylish and sporty. This would not have been possible without the support of our employees, dealer partners, suppliers and vendors. They have played a key role and have extended their support throughout in line with the company’s business direction to achieve this important milestone. Going forward, we will continue to excite our customers and empower their lives through world-class products and services."
Also read: India's best-selling scooters in FY2019
India's best-selling two-wheelers in FY2019
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