Yamaha Motor India has recently denied reports of its rumoured business tie-up with Mahindra 2 Wheelers, the 2 wheeler division of Mahindra Automotive India. Yamaha Motors announced that it is very committed to the Indian market and has plans to make substantial investments in both capacity expansion and also product development. The company has seen a growth in sales volumes this year and aims to sell 530,000 (both domestic and exports) in this financial year. This turns to an increase of over 40% over the sales of last year which was about 380,000. Also, the company has recorded a growth of about 68% in the 150cc segment which includes the R15, the SZ series and the FZ series products.
“We are not looking for business partnership with any company. Our Mid-term plan is on track and we will be making sizeable investments for new product development, sales & service network strengthening and capacity expansion over the next few years.” India Yamaha Motor CEO & MD, Mr. Hiroyuki Suzuki said.
Recently the company also introduced the R15 Version 2.0 which includes some minor updates and modifications. The bike is powered by the same 150 cc motor and the previous model with no change in power and torque figures. There have been slight changes in the ECU calibration to bump up the fuel efficiency. apart from that, the bike also features pseudo-carbon fibre body panels and exhaust cover finish adding a premium look to the bike. The front styling remains the same with some changes to the design of the fairing. The design of the rear lights have been changed and now sport a LED sporty design.
