Japan-based two-wheeler major, Yamaha, plans to increase exports from India exponentially to more than 50 countries worldwide from its two plants here.
A senior executive of Yamaha Motor India said they are working towards making the Chennai plant an export hub for the global market, as the company incudes more advanced countries in its export kitty.
“The Chennai factory of Yamaha will be the export hub for global markets, especially to advanced countries like the US, Europe, and then Japan,” said Itaru Otani, Yamaha Motor Co Ltd Senior Executive Officer and Yamaha Motor India Group Chairman.
Otani said they expect exports from India to grow 25 per cent this year, especially after they started shipping to Europe too last year.
“We are trying to achieve a big growth, like by 25 per cent this year on exports,” he said when asked how the company is looking at its exports from India this year.
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“As a first step, the company started exporting to Europe last year”, he said on Yamaha’s continuing success in global markets.
India Yamaha Motor Pvt Ltd had posted a 33.4 per cent growth in exports at 2,95,728 units in 2024-25 as compared to 2,21,736 units in 2023-24.
Yamaha exports a range of models from Chennai factory in Tamil Nadu, including FZ V2 (149 cc), FZ V3 (149 cc), FZ V4 (149 cc), Crux (106 cc), Saluto (110 cc), Aerox 155 (155 cc), Ray ZR 125 Fi Hybrid (125 cc) and Fascino 125 Fi Hybrid (125 cc).
While it exports from its other manufacturing unit at Surajpur in Uttar Pradesh, Otani said their strategy next is to invest in the Chennai plant to meet global standards.
“We are planning and including the advanced countries to our exports list,” he added, saying the company keeps exploring markets where potential and demand are both in abundance.