Yamaha Music to set up plant in Chennai
Press Trust of India New Delhi Leading musical instrument maker Yamaha will set up a new factory at Chennai to manufacture portable keyboards, acoustic guitars and other professional audio equipment for India and other emerging markets.
The 28-acre plant would be at OneHub Chennai and is scheduled to go into operation from January 2019, Yamaha said in a statement.
Commenting on the development, Yamaha Music India Chairman Takashi Haga said: "With this new facility, we will be able to serve both international and domestic markets, providing high-quality musical instruments that cater to the growing market at competitive prices."
Yamaha is the fifth Japanese company to set up base in OneHub Chennai, it added.
OneHub Chennai Director and CEO of Ascendas-Singbridge's India Operations Sanjay Dutt said, "We are proud that Yamaha, a world leader for being passionately committed to quality, has chosen OneHub Chennai, which is a testament to the superior infrastructure and services provided at this integrated township".
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