Yamaha aims to increase market share

India Yamaha Motors intends to increase its market share by the 20 percent in the bike segment in India. At present, the company's stakes is of 3.5 percent in market. Yamaha Motor sales ratio is moving ahead very fast and the company foresees a strong growth in next few years. The company is focusing on deluxe and premium range products in the Indian auto market. In the premium segment products like Yamaha FZ and Yamaha YZF-R15 falls , both saw a robust demand and sales in the market. The company has achieved a good response in Deluxe segment from market and presently having a stake of 12 percent in market, India Yamaha Motor National Business Head Pankaj Dubey said. The company is also planning to have at least 10 to 12 percent market share in India by the end of 2012. The company's main growth will be from the FZ series, he said. India Yamaha Motor is hoping to see overall sales increase of 40 percent in this year and 30 percent in the next year. Dubey said that We have clocked a strong performance and should receive a market share of 20 per cent in the both segment (like premium and deluxe) by the current calender year. In India, Yamaha Motor is going to be launch its upcoming bikes like Yamaha YZF R125, Yamaha YBR, Yamaha SZ by the end of 2010. Apart from it, TVS Wego will be available soon in showrooms across the country.