India Yamaha Motor has reached a production milestone of 10 million units. The company had begun its operations back in 1985. It has three manufacturing facilities, located in Surajpur, Faridabad and Chennai. The 10 millionth unit produced was a Yamaha FZS-FI V3.0, which is one of its best-sellers.
The 10 millionth motorcycle was rolled out in 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.
India Yamaha Motor produced 5 million units alone in the last seven years. Scooters contributed to 44% of the overall production between 2012 and 2019, with the Fascino leading the sales. The company achieved the first millionth unit production milestone in 1999, while the five millionth mark was reached in 2012. In 2016, the company reached the one million production milestone for its scooters. Motorcycle models contributed 77.88 lakh units, while the scooters contributed 22.12 lakh units. The Chennai factory, which was established in 2015, has played a vital role in the company's growth.
Speaking about achieving the sales milestone, Motofumi Shitara, Chairman, Yamaha Motor India Group of Companies, said:
The journey for Yamaha has been quite exciting all these years. 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. 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.
India Yamaha Motor plans to expand its product portfolio with the launch of a global scooter along with several new sports motorcycles.