Yamaha Motor India, which has an annual put in manufacturing capability of 1.5 million items, is planning to utilize all the capability by CY25 from the present stage of 55%, based on a senior firm official. The two-wheeler producer can also be focusing on to double its home volumes within the subsequent three years.
At current, the corporate has manufacturing amenities at Surajpur in Greater Noida, Uttar Pradesh, and Chennai, Tamil Nadu. The annual put in manufacturing capability is 0.6 million items for the Surajpur plant and 0.9 million items for the Chennai plant. The cumulative capability utilisation for the 2 amenities presently stands at 55%.
Among the fashions manufactured on the Surajpur plant are the R15 collection, MT-15, FZ-15 and FZ-X, that are all bikes. The scooters like RayZR and Fascino are produced on the Chennai plant.
“We are only utilising 55% of our total annual installed capacity at present. By CY25, our target is to use the entire capacity,” Eishin Chihana, chairman, Yamaha Motor India, advised FE.
In CY21, the corporate had achieved total volumes of 790,000 items. It had offered 522,000 items within the home market and exported 268,000 items. Its high export fashions embody FZ-15, R15 and MT-15, and they’re shipped to Bangladesh, South America and Asean nations, amongst others.
“If we talk about of the domestic business, we are aiming to double our volumes by CY25 compared to this year,” Chihana added.
However, the corporate is anticipating its home volumes in CY22 to be near the CY21 figures owing to headwinds within the two-wheeler phase.
Asked about Yamaha’s electrification plans, Chihana mentioned: “I am pushing the company to develop an electric scooter as soon as possible. Discussions are also going on with Yamaha Japan.”
While he confirmed that Yamaha will launch a brand new electrical scooter in India within the mid-term (3-5 years), the corporate may additionally introduce an electrical mannequin already out there in markets like Vietnam or Taiwan, however solely after ensuring it’s appropriate for India.
“We need to be careful about safety, quality and durability in India, especially in the wake of the recent fire incidents involving India-made electric scooters. For a reliable OEM like Yamaha, introducing a top-quality product is paramount,” Chihana mentioned.
Yamaha has launched 5-6 contemporary fashions, together with the brand new R15 collection, MT-15, FZ-X and Aerox (maxi sports activities scooter), during the last two years. The firm will give attention to bringing the upgraded variations of those with minor modifications in CY23. Besides, it’ll launch another utterly new mannequin quickly. Though Chihana didn’t share any particulars concerning the brand new mannequin, he mentioned that the corporate is “carefully watching the semiconductor situation”.
Though the semiconductor scarcity began impacting Yamaha’s operations globally from May final yr, the Indian operations began getting affected from the final quarter of CY21.
“Arranging the necessary quantity of semiconductors has been tough this year. Since we have a premium strategy, our two-wheelers have more digital features and electronic devices, which require a lot of semiconductors,” Chihana mentioned.
Source: www.financialexpress.com”