MBSI to invest Rs 5,000 crore by 2025-end, says MD Shoji Shiraishi

Moto Business Service India (MBSI), a vehicle leasing subsidiary of Yamaha Motors, is planning to invest about Rs 5,000 crore by 2025-end to build an inventory of about 300,000 units, its Managing Director Shoji Shiraishi said on Friday.

MBSI has 3,300 units in its fleet and it expects to grow up to 9,500 units by the end of this year, Shiraishi told Business Standard in an interview.

To date, MBSI has partnered with 12 companies, including Rapido, Rentelo, Zypp Electric and Fullfily, and leased its units to them or their drivers.

For MBSI, one unit is equivalent to one two-wheeler.