The Indian arm of Yamaha, the Japanese two-wheeler major, says it aims to grow its market share in the segment to 10 per cent in the year 2025, requiring sales that year of around 2.3 million units.
“The industry volume by 2025 will be 23 million two-wheelers,” explains Motofumi Shitara, chairman, Yamaha Motor India. Its market share in two-wheelers during 2019 is 3.5 per cent, it says. The latest annual output is 624,000 units for the India market, with another 298,000 units for export.
The company was announcing a foray into the 125cc scooter segment, with products in compliance with BS-VI emission