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Online edition of India's National Newspaper Thursday, June 21, 2001 |
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Yamaha motor bikes
MOTOR BIKING had its beginnings only in the mid-1950s, but the
progress was so fast that in less than five years, it posed a
challenge to the biking industry of the West. Motor biking
originated in the West and even car manufacturing companies such
as BMW and Jaguar participated in the progress of this invention,
and now dozens of motorbike manufacturers making state-of-the-art
two-wheelers are in the field.
Yamaha has been one of the pioneers in the two wheeler industry
from the East and it has interests not only in two-wheel
products, but many other adventure and exicting products such as
large size outboard motors essential for bass fishing, American
style luxury cruise machines, sail boats for the wild and
adventurous, on and off road biking experiences, sports and
fishing boats for the exciting encounters on the waters and trail
bikes to take one in to deep jungles to enjoy nature's bounty.
Yamaha is not a new name in the Indian two-wheeler industry, but
it has now decided to be on its own by parting ways with Escorts
(with which it had a tie-up for over two decades). It now comes
with a wider range of products and wishes to capture a larger
share of the two-wheeler market. The company now operates as a
100 per cent subsidiary of Yamaha Motor Co. of Japan. The Indian
operations are completely aligned with Yamaha Motor's worldwide
operations after the buyout of the 50 per cent stake held by the
Escorts group in the Indian joint venture.
After the change, the company has started implementing its
Challenge 21 project, a time-bound initiative that will reorient
and revitalise the entire Indian operations and provide
sustainable competitive advantage. The company aims to capture 21
per cent of the motorcycle market by the year 2003.
This alignment has been necessitated by growing prominence of the
two-wheeler industry and the rising expectations of customers.
With this change, India has become the only country in Asia to
have a 100 per cent subsidiary of YMC. Mr. Masahiko Shibuya,
director, commuter vehicle operations, YMC, has taken over as
the new Managing Director. He has been with the company since
1969, and has held various positions with this company in Asia as
well as in the U.S. He has a thorough knowledge of the global
trends in the motorcycle industry, as well as a substantial
understanding of the conditions prevailing in the Indian
motorbike market.
Founded in July 1, 1955, YMC is the second largest motorcycle
manufacturer in the world. The internationally recognised YMC
brand mark consists of three overlapping Tuning Forks symbolising
the three most important constituents that drive the YMC
operations across the world - the customers, the employees (3,600
in India), and the community. The company manufactures a range of
motorcycles that include the RX-135, RXZ, YBX125, YD125, ACE and
the recently launched Crux out of its state-of-the-art
manufacturing facilities in Faridabad, Haryana and Surajpur,
Uttar Pradesh. With a countrywide network of 430 dealers, it is a
customer driven company with a wide base of sales and service
outlets and spare-parts stockists. Its business plan - production
of 3.5 lakh two-wheelers in 2001 and increase it to 5.5 lakh
units by 2003.
Tutu Dhawan
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