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A Fascino is the millionth scooter of Yamaha India

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  • Aug 12, 2016
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Yamaha India's millionth scooter, a Fascino, rolled out from its Surajpur plant near Greater Noida on Friday.

 

The Fascino that marked the million scooter production milestone for Yamaha India

Japanese two-wheeler maker Yamaha's Indian arm India Yamaha Motor Pvt. Ltd. (IYM) has achieved a new milestone by rolling out its millionth scooter in India. The millionth scooter rolling out of Yamaha India's Surajpur plant on Friday was Fascino.

Yamaha India has trageted 10 per cent market share in scooter segment in India which has seen a rise as of late. This news just shows the popularity of Yamaha's scooters in India. The Chairman of Yamaha India Hiroaki Fujita commended the company's performance in the scooter segment which he feels has been growing at a rapid pace. Yamaha currently sells Cygnus Ray Z, Cygnus Alpha, Cygnus Ray-ZR and Fascino scooters in India.

Yamaha India has exported 80,000 scooters of the million produced. Yamaha's major export markets are Nepal, Mexico, Sri Lanka, Costa Rica, Dominican Republic and Ecuador. However, in the export markets, the Cygnus Ray Z has been the highest-selling scooter. Yamaha exports the scooter models from its Surajpur and Chennai plants.

For 2016, Yamaha India has set its production target at 1 million vehicles and 4.6 lakh of these would be scooters. In India, 16 million two-wheelers were sold in 2015 and the surge in scooter demand is expected to only increase these numbers in the future. Yamaha India's sales in first half of 2016 have grown 45 per cent over the same period in 2015. Correspondingly, its scooter sales have grown by 94 pwer cent in first half of 2016 as opposed to the same period in 2015.

Yamaha India's current portfolio, apart from its scooters, consists of YZF-R3, YZF-R15 V2.0, YZF-R15S, FZ, FZ FI(Fuel Injected), FZ-S FI (Fuel Injected), Fazer FI (Fuel Injected), SZ-R V2.0, Saluto, Saluto RX, MT-09, YZF-R1, RZF-R1M and VMax motorcycles.