Yamaha, Mitsui to produce motorcycles in India
Mitsui, which is the second largest trading company in Japan, bought 3% actions at Yamaha Motor Company in 2007 and it seems to have pulled the lucky card.
Yamaha has big plans for the near future, including the “India Yamaha Motor” project which is part of an internal restructuring process.
So the motorcycle company plans to set up a joint venture company with Mitsui & Co, the plan being to produce motorcycles in India. Activity plans on being started in April 2008.