Yamaha Motors India is said to be making plans for a primary restructuring of its operations in the country. According to reports from ET Auto, the manufacturer of two-wheeled vehicles has been heavily affected by the COVID-19 pandemic, prompting a primary review of its two services in India.
Reports also recommend that Yamaha cut the jobs of about two hundred workers, 80 of whom have already been fired. These worker layoffs come from Yamaha’s divisions, adding sales, marketing, production, acquisitions and others.
The restructuring of Yamaha’s operations is basically due to the COVID-19 pandemic. The company reportedly reported a drop in sales of more than 83% between April and June. It is also reported that the production procedure has slowed down at its plant in Surajpur, Greater Noida.
Reports also recommend that Yamaha have moved the scooter meeting line to its factory in Chennai. In the future, the Surajpur plant will manufacture the diversity of high-end motorcycles for Yamaha, adding the R15, FZ and MT-15 models.
ET Auto also reports that the corporation is also in the process of absolutely restructuring its workers in the sales and marketing department. The functioning workers also had the opportunity to move from Yamaha’s Surajpur plant to its Chennai plant.
The primary review and restructuring of Yamaha’s operations in India will need to be future-proof. The Japanese logo expects India to be the largest two-wheel production hub over the next five years, surpassing even Indonesia. The Indian market is now considered the most sensitive company precedent in the world.
Yamaha recently unveiled a new, easy-to-use virtual sales platform in India. This novelty will allow consumers to view, e-books and purchase Yamaha products. The online sales platform will work with distributors and ensure that consumers across the country enjoy a seamless purchase – here are the details.
Reflections on the restructuring of Yamaha’s India operations
Yamaha is making sure to be in a long-term position in the Indian market, as they expect the country to soon become the largest production hub. Restructuring operations can also help Yamaha introduce new products to the Indian market.