Yamaha, the Japanese Automobile Manufacturer is looking to boost up its share in the Indian market to about 10% by 2013.
Meanwhile, they have also brought out the 3 recent versions of its diverse models also covering the latest model in India.
Yamaha in an attempt to improve sales in India will also ramp up the dealership network, thus creating a niche in the local market.
The company also reports sales of 2.2 lakhs units in India for the year 2009, with the entire two- wheeler Indian market making up almost 94 lakhs units.
The year 2009 sees a decline in sales for motorcycles all over the world, thus resulting in a fall of twenty to thirty percentages in the user demand. The auto manufacturer focuses on the Asian market for development.
In the meantime, Yoshiteru Takahashi the Co Director and Managing Executive Officer (Motorcycle Business Operations) of Yamaha Motor claims that they consider India as a crucial market.
He goes on to add that they also had plans to provide more funds in a bid to surge up the productivity such as that of scooters. The auto manufactures had earmarked Rs, 800 Crores in 2007 to invest in India.
Currently, they have put in just Rs, 600 Crores for the same. Takashi finally concludes that the expected yearly target sales of 1 million motor bikes by 2013 or 2014 would make up for nearly 10% of the worldwide sales.
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