| |
| | Escorts Yamaha to unveil 4 more models in 5 years |
 | | New Delhi, Nov 16: Escorts Yamaha Motor Company Ltd (EYMCL), the 50:50 joint venture between Escorts and Japan's Yamaha Motor Company Ltd (YMCL), will launch four new models in india in the next five years. |
 | | The company, which has a 25 per cent market share in motor cycle segment, is targeting 35 per cent market share by selling 300,000 units by the year 2000.Currently, the 750 crore company has a production capacity of 250,000 units per year and plans to increase it to 500,000 units by 2004. |
 | | The company, he said, is investing Rs 530 crore for introducing new models in the country. |
| www.expressindia.com /fe/daily/19971117/32155173.html (444 words) |
|