Its been quite long, that a rumour was spreading around the bike crazy people that Yamaha is going to make a partnership with the Indian company Mahindra two wheelers. Putting brakes on all such kinds of rumours, Yamaha made an official statement that there will be no joining of hands between Mahindrs and Yamaha.
The Japanese company released an official statement which says, "Yamaha Motor denied media reports of its business partnership with Mahindra 2Wheelers and announced that it is committed to the Indian market and plans to make investments in capacity expansion as well as new product development.
Yamaha made it clear that, they are not looking for anykind of business partnership with any company. They siad that their Mid-term plan is on track and said that they will be making sizeable investments for new product development, sales & service network strengthening and capacity expansion over the next few years, without any partnerships.
Rate this News :