Yamaha Motor India, which has an annual put in manufacturing capability of 1.5 million models, is planning to utilize the whole capability by CY25 from the present degree of 55%, in accordance with a senior firm official. The 2-wheeler producer can be focusing on to double its home volumes within the subsequent three years.
At current, the corporate has manufacturing services at Surajpur in Larger Noida, Uttar Pradesh, and Chennai, Tamil Nadu. The annual put in manufacturing capability is 0.6 million models for the Surajpur plant and 0.9 million models for the Chennai plant. The cumulative capability utilisation for the 2 services at the moment stands at 55%.
Among the many 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’re solely utilising 55% of our whole annual put in capability at current. By CY25, our goal is to make use of the whole capability,” Eishin Chihana, chairman, Yamaha Motor India, instructed FE.
In CY21, the corporate had achieved general volumes of 790,000 models. It had bought 522,000 models within the home market and exported 268,000 models. Its high export fashions embrace FZ-15, R15 and MT-15, and they’re shipped to Bangladesh, South America and Asean nations, amongst others.
“If we discuss of the home enterprise, we’re aiming to double our volumes by CY25 in comparison with this yr,” Chihana added.
Nevertheless, the corporate is anticipating its home volumes in CY22 to be near the CY21 figures owing to headwinds within the two-wheeler phase.
Requested about Yamaha’s electrification plans, Chihana stated: “I’m pushing the corporate to develop an electrical scooter as quickly as potential. Discussions are additionally happening with Yamaha Japan.”
Whereas he confirmed that Yamaha will launch a brand new electrical scooter in India within the mid-term (3-5 years), the corporate might additionally introduce an electrical mannequin already out there in markets like Vietnam or Taiwan, however solely after ensuring it’s appropriate for India.
“We should be cautious about security, high quality and sturdiness in India, particularly within the wake of the latest hearth incidents involving India-made electrical scooters. For a dependable OEM like Yamaha, introducing a top-quality product is paramount,” Chihana stated.
Yamaha has launched 5-6 recent fashions, together with the brand new R15 collection, MT-15, FZ-X and Aerox (maxi sports activities scooter), during the last two years. The corporate will deal with bringing the upgraded variations of those with minor modifications in CY23. In addition to, it should launch yet another fully new mannequin quickly. Although Chihana didn’t share any particulars relating to the brand new mannequin, he stated that the corporate is “fastidiously watching the semiconductor state of affairs”.
Although the semiconductor scarcity began impacting Yamaha’s operations globally from Might final yr, the Indian operations began getting affected from the final quarter of CY21.
“Arranging the mandatory amount of semiconductors has been robust this yr. Since we’ve got a premium technique, our two-wheelers have extra digital options and digital units, which require plenty of semiconductors,” Chihana stated.