Yamaha is to develop and manufacture global commuter models in the 100-200cc range at its India Yamaha Motor subsidiary, targeting other emerging markets in Asia and Latin America, as well as Europe and Japan with these products.
“India is a low-cost market but we are not looking at just that,” said Yamaha chief executive Hiroyuki Yanagi at an Indian press conference. “We want to develop sporty and stylish models from here and these would be for European and Asian markets.
Yamaha’s Indian motorcycle and scooter manufacturing operation produced almost half a million units last year, about 140,000 of which were exported, and is expanding rapidly.