Yamaha to increase dealerships in India
After a decade of poor sales in India, Yamaha is currently witnessing a comeback of sorts in the country. With sales bolstered by the YZF R15 and FZ16, Yamaha India is now looking at expanding its dealer network and may even use its India facility as an exports hub for shipping bike and engines for its global operations.
Yamaha plans to invest up to Rs 240 crore in its India operations by 2011 and will develop at least two or more brand-new bikes which would engineered specifically for this market. The company is also looking at increasing the number of its dealerships in India to around 600, by end-2010. Yamaha could also use India as its exports hub for bikes - as well bike engines - that it sends to Latin America, Nepal, Sri Lanka and South Africa. In fact, Yamaha could even be exporting bikes - probably the smaller capacity machines - from India to Japan as well as the US.
[Via: indiaautomotive]