Yamaha Motor Research & Development India Pvt. Ltd. has set up its second R&D centre in India with an investment of INR 66 crore. Yamaha has committed to invest INR 1500 crore in India by 2018, which is a huge amount. The new centre is located in the premises of India Yamaha Motor’s plant in Kanchipuram district, Tamil Nadu. It is intended to increase Yamaha India’s manufacturing competence and raise the bar for finished products in the country.
Yamaha India is a ‘Value Development Company’ and aims to develop higher quality products at low cost for the Indian market. For this purpose, Yamaha India’s new R&D centre would do product development and product design specially with the Indian market in mind. The new R&D Centre has state-of-the-art facilities including prototype testing and a test track to simulate Indian road conditions.
This is the fifth overseas R&D headquarters for the Yamaha Motor Group following centres being established in Italy, Taiwan, China and Thailand. Yamaha aims to use this centre to improve engineering and manufacturing at local market levels and to enhance the product competitiveness within the Indian market and also globally for exports.
Mr. Yasuo Ishihara, Managing Director, YMRI, said, “The objective of the new Centre is to develop models for India and eventually, the Global market. The Chennai Centre shall be the second main pillar for YMRI. By collaboration with the current development power in Surajpur centre, we aim to strengthen more of the cost reduction and attractive product development in the Chennai centre. The key role of this India Integrated Development Centre is to develop optimised specifications for the Indian market.”
Yamaha India has seen rapid growth in sales numbers with the first half of 2016 registering a sales growth of 45% compared to last year. Yamaha India is now aiming to take on competitors in the scooter segment with their Fascino and Ray series of scooters.