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Yamaha Ventures Into PakistanFriday, October 30, 2009 Yamaha Motor President, Takashi Kajikawa made the announcement that the company will be setting up a motorcycle manufacturing facility in Pakistan, to be located at the National Industrial Park in Bin Qasim, near Karachi.
The plant is expected to be up and running by mid-2011. The company plans to assemble at least 22,000 units at its new plant by 2012, following which it will start using locally sourced components to start manufacturing bikes in that country. Mr Kajikawa has also stated that the company intends to make Pakistan a base for exports to neighboring Asian and African countries in the coming future. Come 2017, Yamaha will also start production of motorcycle engines in the country.
In India too, Yamaha is growing by leaps and bounds at an unprecedented rate. The company posted staggering growth of 160 percent in sales in September 2009 as compared to the last year. It sold 26394 units in September 2009 as against 10142 units in the same month last year with the newly launched Fazer contributing a significant part of it.
[Via: BIKE]
Recent Bikes News- Bajaj XCD 125 Has Been Discontinued 11/3/2009
It is farewell time for the Bajaj XCD 125 , the executive commuter bike that was launched way back in September 2007. This is the second bike that the Pune-based manufacturer has phased out in the last three months, the first being the Pulsar 200 DTS-i.
- Ducati Opens First Ducati Store In India 11/3/2009
Ducati Motor Holding, the world’s leading producer of Racing inspired bikes today announced the opening of its first showroom in the Indian market in partnership with Precision Motor India Private Limited. Due to its great potential to provide opportunities for growth and further establish the Ducati Brand, Mumbai has been chosen as the location for Ducati’s first flagship showroom.
- Honda Cbf Stunner Gets Leovince SBK Exhaust System 11/20/2009
Much relief to the riders of motorbikes, the Honda CBF Stunner will be herein after fitted with Leovince SBK exhaust system. The bike, as of now, is deprived of its Shine -drive despite the sharp cowl and less tuned engine. The arrival of this exhaust is a breathing break for the riders of this Stunner. Leovince, from UK, offers this exhaust system for this Stunner, and it provides 10% torque increase,10% power increase, Weight saving, 'Superb' sound. The imminent increase in the power output is
- Michelin announces Rs 4,000 crore investment in India 11/17/2009
French tyre manufacturer Michelin will set up a new manufacturing facility at Gummidipoondi (about 40km from Chennai), for which it will invest Rs 4,000 crore over a period of seven years. Michelin intends to produce truck and bus radial tyres at this plant, which is expected to be operational by 2012. These tyres will initially be meant only for the Indian market, though Michelin may also cater to some overseas markets at a later stage.
- New Bajaj Pulsar 135 Is Coming!! 11/23/2009
- Royal Enfield Classic Launched In India 11/4/2009
- Sales Figures For Bikes - October 2009 11/3/2009
- TVS Flame DS125 Launched 11/13/2009
- TVS Jive Launched 11/25/2009
- TVS Wego Launched 11/25/2009
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