India Yamaha Motor is taking an aggressive approach and plans to launch new models to tap the growing two wheeler industry.
Yamaha will launch two new bikes in 2011 and might consider launching an electric bike to offer alternative mode transportation.
Yamaha Motor, is also developing an India-specific scooter that will hit the roads in the “near future”. Besides, it will launch two new bikes in the country in this year.
“For rising fuel prices, electric bike is a good option. Currently we are selling electric bikes in Japan and Europe. There is a possibility for the Indian market for introducing these products,” India Yamaha Motor Director (Sales and Marketing) Jun Nakata said.
The scooter is currently under development in Japan and it will be an India-specific product. Yamaha will also introduce two new bikes and some variants of the existing models.
The company, which has two facilities in Uttar Pradesh and Haryana, have a combined installed production capacity of 6 lakh units a year that can be scaled up to 10 lakh units every year.
source: Economic Times