The company’s national business head Pankaj Dubey told FE that the scooters would be suitable for Indian roads and not be a replication of products available globally.
“In India, somehow we have not entered this segment (scooters). But we would definitely enter...it may take some time. But we are working on that,” Dubey added.
The subsidiary of the Japanese two-wheeler giant Yamaha has started a feasibility study and an announcement is expected shortly. Yamaha is the pioneer of gearless technology for two-wheelers. In the overseas markets, Yamaha sells more scooters than motorcycles. In fact, scooters make up almost 80% of Yamaha sales in the Asian markets.
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December
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- Emission norms triggered Honda exit
- Munjals may take yen loan
- Cos may have to spend 2% of profits on social causes
- Honda brass in India next yr; focus on low-cost bikes
- Can Hero do without own R&D?
- Harley Davidson hopes to sell 250 bikes in India
- Munjals, Patni deals cap India's best year in M&A
- Controlling stake in Hero SPV may be with Munjals
- Market warms to Hero Honda royalty deal
- Bike leadership stakes will not be an obsession wi...
- Hero Honda zooms 18% on end of JV
- Hero Honda lessons
- Post split, Hero eyes new markets
- Yamaha launches bike
- Supercross champ eyes bigger thrills
- ‘Bajaj & TVS to feel Honda heat more than Hero’
- Existing capacity is sufficient for FY11: Hero Honda
- Riding high: Girl power on mobikes is growing
- Honda’s plant to resume production today
- Hero Group now goes for image makeover
- No govt scrutiny of Hero Honda deal required, says...
- Market wary as Honda gets ready to go solo in India
- Hero Honda split comes with a sense of loss
- Dealers say Hero-Honda split to drive sales of Mun...
- Hero Honda scrip tanks further 5%
- Higher royalty for Honda in split from Hero
- Harley-Davidson India launches two new models
- PEs to raise $600m for Honda stake
- Bajaj hikes bike prices by 1,000
- TVS to ramp up Hosur plant production for 'Wego'
- Much buzz, little comment on telecom spat
- Nano inspires Srinivasan's low-cost mantra at TVS ...
- Yamaha launches premium sports bike
- From pillion to the rider's seat
- Aberdeen to hold on Hero Honda stake
- Hero Honda stock slips 5% on JV split details
- Stallio fails toput brake as Mahindra motorcycle s...
- Auto sales falter 16% in Nov over Oct
- Hero Honda raises prices by Rs.500 - 1500
- Royalty hurdle for Hero Honda
- Rajini, Sharath claim titles
- Hero Honda slips on JV breakup, investors may veto...
- Hero Honda tanks 7% on royalty payment hike
- Car sales slow down in Nov, lean period ahead
- India Yamaha to foray into scooters segment
- Smooth ride - TVS TRU4 Premium
- Hero stake sale to fetch Honda $1.2bn
- Easy loans, new launches perk up November auto sales.
- Royalty hurdle for Hero Honda
- TVS sales increase 29%
- Bajaj motorcycle sales jump 19%
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