Yamaha made its initial foray into India in 1985. Subsequently, it entered into a 50:50 joint-venture with the Escorts Group in 1996. However, in August 2001, Yamaha acquired its remaining stake becoming a 100% subsidiary of Yamaha Motor Co., Ltd, Japan (YMC). In 2008, Mitsui & Co., Ltd. entered into an agreement with YMC to become a joint-investor in the motorcycle manufacturing company “India Yamaha Motor Private Limited (IYM)”.
IYM operates from its state-of-the-art manufacturing units at Surajpur in Uttar Pradesh and Faridabad in Haryana and produces motorcycles for both domestic and export markets. With a strong workforce of more than 2,000 employees, IYM is highly customer-driven and has a countrywide network of over 400 dealers.
MAW was founded 46 years back by its past Chairman Mr. P.R. Agarwal by setting up an Engineering workshop in Biratnagar. It entered into agencies of automobile ancillary products like Goodyear Tyres, Mico Bosch, Mahale, Goetze, Talbros Gaskets etc. It took over the dealership of Ford Tractors in 1972 & Sold 164 Tractors in the 1st year of operation. It took the Dealership of Escorts/Rajdoot Motorcycles (Now YAMAHA) It promoted United Finance Ltd. As financing ARM of MAW. It started Engg. Division in 1998 with products like Greaves Genset, Ingersoll-Rand Compressors, Mettler Tolledo Weigh Solutions and ECEL material handling products. It started construction equipment division with JCB dealership started in last quarter 2002. It started SKODA business in the year 2009.
Our Vision & Mission
Be the Exclusive & Trusted Brand renowned for marketing and manufacturing of YAMAHA products, focusing on serving our customer where we can build long term relationships by raising their lifestyle through performance excellence, proactive design & innovative technology.
Our innovative solutions will always exceed the changing needs of our customers and provide value added vehicles. Build the Winning Team with capabilities for success, thriving in a climate for action and delivering results.
Our employees are the most valuable assets and we intend to develop them to achieve international level of professionalism with progressive career development. As a good corporate citizen, we will conduct our business ethically and socially in a responsible manner with concerns for the environment. Grow through continuously innovating our business processes for creating value and knowledge across our customers thereby earning the loyalty of our partners & increasing our stakeholder value.
We will establish YAMAHA as the “exclusive & trusted brand” of customers by “creating Kando” – the first time and every time with world class products & services delivered by people having “passion for customers”.