NEW DELHI: Japanese two-wheeler maker Yamaha on Monday said it plans to invest Rs 800 crore on capacity expansion and new product development in the next two years, as it looks to sell 10 lakh two-wheelers by 2014.
The company, which is present in India through its wholly-owned subsidiary India Yamaha Motor Pvt Ltd, has now two plants with a total capacity to manufacture around 6.5 lakh two wheelers annually.
"We plan to invest Rs 800 crore in 2012-13 on production enhancement, network expansion and new product development," India Yamaha Motor National Business Head Roy Kurian told reporters on the sidelines of the 11th Auto Expo here.
The company, which is present in India through its wholly-owned subsidiary India Yamaha Motor Pvt Ltd, has now two plants with a total capacity to manufacture around 6.5 lakh two wheelers annually.
"We plan to invest Rs 800 crore in 2012-13 on production enhancement, network expansion and new product development," India Yamaha Motor National Business Head Roy Kurian told reporters on the sidelines of the 11th Auto Expo here.
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