India Yamaha Motor (IYM) has announced plans to expand two-wheeler production at its factory near Chennai, TN. The Japan-based company submitted a pre-feasibility report, requesting environmental clearance for the project.
With an estimated investment of 180 INR-Crore, this expansion will generate over 400 new job opportunities. Under this expansion, IYM will upgrade its existing Vallam Vadagal facility spanning nearly 111 Acres. The proposed Yamaha factory in TN will include new facilities capable of producing 35,000 motorcycles and 45,000 scooters monthly.
Also Read: Ather Energy Electric Vehicles Assembly Unit, Bidkin, Maharashtra
The plant’s size will also grow from 1.5 Lakh-SqM to 1.7 Lakh-SqM. Yamaha Motors has already invested 1,789 INR-Crore in the Vallam Vadal operations, and with the projected expansion, the total investment is expected to increase to 1,969 INR-Crore. This further highlights IYM’s ambition to meet the rising demand for two-wheelers while strengthening its manufacturing footprint in India.
Biltrax Construction Data is tracking 33,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
