Yamaha Motor Pvt Ltd. inaugurated its third manufacturing facility at the industrial park in Vallam Vadagal, Chennai. The new factory will join Yamaha’s currently operating factories at Surajpur and Faridabad.
The new plant will have an initial production capacity of 4,50,000 units which will be increased to 1.8 million units by 2018. Demarcated as 109 acres for the manufacturer and 68 acres for vendor partners, the facility is spread across 177 acres. This makes it the first Yamaha factory to have a vendor park within its premises.
The plant was inaugurated at the Global Investors Meet 2015 by the Chief Minister of Tamil Nadu, J Jayalalithaa in the presence of Hiroaki Fujita, Chairman, India Yamaha Motor Pvt. Ltd, and other senior dignitaries of the Tamil Nadu government and IYM.
Fujita stated that they plan to invest a total of Rs 1,500 crore in phases, until 2018, to reach their production capacity target of 1.8 million units.
Currently, Yamaha will produce the new 125cc Saluto motorcycle and scooters including the new Fascino, Alpha, Ray, and Ray Z at this newly opened Chennai plant.