Yamaha expects exports to grow 25% this year

Mumbai: Japanese two-wheeler major Yamaha expects exports from India to grow 25 per cent this year and is making its Chennai factory the export hub for global market, especially to advanced countries, according to a top company official. The company, which exports to around 55 countries from India, will be exploring more international markets in a bid to increase exports from India, Yamaha Motor Co Ltd Senior Executive Officer and Yamaha Motor India Group Chairman, Itaru Otani said. "We are trying to achieve a big growth, like by 25 per cent this year on exports," he said when asked how the company is looking at its exports from India this year. India Yamaha Motor Pvt Ltd had posted a 33.4 per cent growth in exports at 2,95,728 units in 2024-25 as compared to 2,21,736 units in 2023-24. Sharing the company's export strategy, Otani said,"The Chennai factory of Yamaha will be the export hub for the global markets, especially to advanced countries like the US, Europe, and then Japan." As a first step, the company started exporting to Europe last year, he said, adding it has been a success and Yamaha continues to invest at its Chennai plant to meet global standards.