Buoyant by the response to its recently launched 153 cc FZ-16, two-wheeler company Yamaha Motor India, a 100% subsidiary of Japan's Yamaha Motor Company Limited, plans to ramp up its production from 350 units per day to 500 units per day at Surajpur plant in Uttar Pradesh, said Pankaj Dubey, national business head, division head sales and marketing, Yamaha Motor India Sales Private Limited.
added that the sales target for the bike is purely dependent upon supply, which at present is inadequate.
"We had set a target of 25,000 units of FZ-16 in three months (October, November and December)," he
"The demand for FZ-16 has surpassed YZF-R15 (150 cc)," said Dubey
The company has sold 18,000 units of YZF-R15 so far.
Other bikes that the company sells in the market include MT01 (1670 cc), YZF-R1 (998 cc), Gladiator Type SS & RS (125 cc), Gladiator Graffiti (125cc), G5 (106 cc), Alba (106 cc) and Crux (106 cc).
It will be launching two bikes in the 125 cc above segment next year and is also exploring the market for its gearless scooters.
Asked if company will look at phasing out the old bike models from the market, Dubey
said, "The phasing out of older models will depend upon demand."
has earmarked an investment of Rs 800 crore for the upgradation of plant, marketing and dealership expansion for the next three years.
By 2010, the company is looking at a total capacity of eight lakh units per annum from the existing four lakh units per annum, taking Faridabad in Haryana and Surajpur together.