India Yamaha Motor Pvt. Ltd.
(IYM) has reached a major milestone of producing its one-millionth unit from
the Chennai Factory on September 22, 2017. The one millionth model rolled out
of the IYM’s Chennai factory is India’s most stylish scooter, Fascino. The
other scooter and motorcycle models which contributed in reaching this landmark
by IYM included Ray Z, Ray ZR, Alpha, Saluto and Saluto RX.
Yamaha has so far invested Rs.
1300 crores in the Chennai Factory and plans to invest more than Rs. 200 crores
by 2018. Chennai Factory is the first in the Yamaha Motor group which has a
“Vendor Park” in its nearby vicinity. The vendor park has 9 vendors which have
invested Rs. 760 crore to date, employing more than 1900 people.
Yamaha began its operation in
Chennai in March 2015 with an initial capacity of 4.5 lakh unit per annum.
Within two years it increased its capacity to 6 lakh unit per annum and by
2019, it will reach at 9 lakh unit per annum. The increase in production
figures can largely be attributed to the increasing popularity of scooter and
motorcycle brands of Yamaha in India. The total production capacity of IYM
including the factories in Chennai and Surajpur by 2019 will reach at 1.6
million units per annum.
Riuji Kawashima, Deputy
Managing Director, IYM, said, “This is a remarkable achievement by Yamaha. The
production of one million-unit in two years showcases the increasing popularity
of our brand among the Indian customers. The important milestone will serve as
a major boost for business development as well as future expansion plans in
India. We will continue to enhance the production facilities and contribute to
the requirements of the Indian two wheeler market.”
Out of one million products
manufactured from the Chennai Factory, 8.5 lakh units have been manufactured
for the domestic market and remaining 1.5 lakh units for the export market.
Fascino is the most produced product with 3.7 lakh units. The production
percentage ratio of the scooter & motorcycle production at the factory is
7:3 right now. The models with highest export numbers were the FZ series, Ray
ZR and Fascino.
Mukesh Kumar, Vice President,
IYM, said, “This major milestone would have not been possible without the hard
work and diligent efforts of our entire team from production, manufacturing,
purchase, R&D and all other departments as well as the suppliers. In the
first year i.e. 2015, we produced 2.29 lakh unit, the very next year in 2016 we
produced 4.17 lakh unit and this year till date we have produced 3.54 lakh
units. We are proud to contribute in the world’s number 1 two wheeler market. I
am confident with this passion we will continue to reach new heights in future
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