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Yamaha is all set to roll out its flagship brands in the country in November.
The 1000 cc bike – R1 – will be launched in select metros in November and the 1700 cc bike – MT 01 – will be introduced in January 2008. The price of the 1000 cc bike will be about Rs11.5 lakh, Mr P. Sam, Group Head (Marketing and Sales), said at a press meet here.
Onam Offer
Mr Sam, who was here to announce the Onam offers with Yamha bikes in Kerala, said the company would be launching a series of products in January 2008. The company is focusing more on above 125 cc bikes as the growth rate is high whereas the below 125 cc bike segment has shown a negative growth in the recent period.
Yamaha, with a market share of 4 per cent, had sold 2.4 lakh units last year. The total motorcycle sales in the country last year is estimated at 65 lakh units. The industry size is roughly will be 10 million units by 2010 and Yamaha is aiming to achieve a market share of 10 per cent by 2010, then, he said.
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so the yamaha r1 is finally coming to indian markets officially. this is the first time they have given out a time frame and the cost for the r1. but why announce in cochin?