India Yamaha Motor (IYM), the Japanese two wheeler manufacturer, today inaugurated its third manufacturing facility at the industrial park in Vallam Vadagal situated at the outskirts of Chennai, Tamil Nadu. The new plant will have an initial production capacity of 450,000 units
The new factory will be the first in the Yamaha Motor group to have a vendor park in its vicinity. Spread across 177 acres, the new facility covers an area of 109 acres for IYM and 68 acres for vendor partners. The vendor park has 9 vendors who plan to invest Rs. 1,000 crores and will employ around 3,000 people by 2018.
Courtesy : ET auto