The Japanese two-wheeler manufacturer India Yamaha Motor Sales (IYMS) is expecting a steep growth in the two-wheeler sales in India. Yamaha has picked-up its sales in the country from past two months.
Vice President, Sales and Marketing, IYMS, Roy Kurian said that Yamaha expects a strong growth in two-wheeler sales in India around 16 percent by the end of this year. Kurian speculated that Yamaha will sell over 8 lakh units compared to the 5.5 lakh units sold last year.
Scooter segment has been the main reason for the growth of Japanese firm in India. Registering growth of 26 percent between April to August this year. Yamaha has four scooter models in India - Fascino, Ray, Ray ZR and Alpha.
In the motorcycle department, Kurian speculates a growth in 150cc and above segment. Currently, Yamaha offers Yamaha FZ series and the sporty R15. It holds around ten percent of market share selling 2.5 lakh units a month.
Yamaha has two manufacturing facility in the country, at Surajpur in Noida and Chennai. The company eyes to have 600 outlets by the end of this year. Currently, Yamaha is the fourth largest scooter seller and ranks sixth in motorcycle sales in India.