Yamaha to launch scooter in India

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Japanese two-wheeler major Yamaha plans to foray into the Indian scooter market by next year and will set up a separate body assembly line at its Surajpur plant in Uttar Pradesh for this purpose.


The firm's wholly-owned subsidiary, India Yamaha Motor Pvt Ltd, is investing Rs 10 crore to set up the body assembly line at the plant.

The Indian scooter market grew 50.54 per cent in 2010 and stood at 19.6 lakh units. It is dominated by Honda Motorcycle and Scooter India, although other players like TVS Motor Co and Hero Honda have also witnessed good sales.

Yamaha had also said it might consider launching an electric bike in the fast growing Indian two-wheeler market to offer an alternative mode of transportation.

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