~ A total of Rs. 61.5 lakh collected through the donation
~ Rs. 25 lakh each will be donated to the Chief Minister's Public Relief Fund (Government of
Tamil Nadu) and Chief Minister Distress Relief Fund (Government of Uttar Pradesh)
~ Rs. 11.5 lakh will be donated to the PM Cares Fund
Mumbai/ Chennai, 9th May 2020: India's leading two wheeler manufacturer, Yamaha Motor India Group (YMIG) announced today that its employees have donated a day’s salary from the April month on a voluntary basis in order to support the government in fighting the contingencies arising out of the COVID 19 pandemic in India. The permanent employees which includes both the white collar and blue collar employees as well as some trainees based at the three plant locations Kanchipuram (Tamil Nadu), Surajpur (Uttar Pradesh), & Faridabad (Haryana), Corporate Office in Chennai and Area Offices across India donated a total of Rs. 61.5 lakh for this noble cause.
As a responsible entity, Yamaha feels that in the current situation it is the moral responsibility of everyone to extend their support and make efforts to be a part of the government's preparation to work towards combating the global pandemic by bringing relief to millions of citizens through essentials, healthcare and charity. Out of the total donation of Rs. 61.5 lakh, Rs. 25 lakh each will be donated to the Chief Minister's Public Relief Fund (Government of Tamil Nadu) and Chief Minister Distress Relief Fund (Government of Uttar Pradesh) and the remaining Rs. 11.5 lakh to the PM Cares Fund.
Mr. Takahiro Henmi, Executive Vice President, Yamaha Motor India has commented on the donation and said, "This is a global crisis and Yamaha's task as a global company is enormous. During such time what COVID 19 has prompted, Yamaha feels that it is important for everyone to stand united against the pandemic and come forward to support the government in winning this battle. I appreciate and also feel proud as our employees decided to join the global community in full spirit by voluntarily donating a day's salary. It will certainly help the government to fast track relief measures for the people of India. We will also continue to provide assistance to the government in the best way we can."
In the current circumstances, the company has taken all the necessary measures to support the government by closing its operations in India since the announcement of lockdown in the last week of March. Yamaha is fully committed to the health protocols in the wake of the COVID-19 threat and is regularly creating awareness among its stakeholders to ensure that they remain safe and healthy and continue adhering to the government guidelines.
About Yamaha Motor India group of companies
Yamaha Motor made its initial foray into India in 1985 as a joint venture. In August 2001, it became 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 India Yamaha Motor Private Limited (IYM). IYM's manufacturing facilities comprise of 3 State-of-the-art plants at Faridabad (Haryana), Surajpur (Uttar Pradesh) and Chennai (Tamil Nadu). The infrastructure at these plants support production of motorcycles and parts for the domestic as well as overseas markets.
YMC has established its subsidiaries - Yamaha Motor Research and Development India Pvt Ltd. (YMRI), Yamaha Motor India Sales Pvt Ltd. (YMIS) and Yamaha Motor India Pvt Ltd. (YMI) in India to independently support IYM in development, sales & marketing of its products and overall business planning & regional control respectively.
Presently, its product portfolio includes: YZF-R15 version 3.0 (155 cc) with ABS, MT-15 (155 cc) with ABS; Blue-Core Technology enabled models such as FZ 25 (249 cc) with ABS, FZ S 25 (249 cc) with ABS, FZ-S FI (Fuel-Injected, 149 cc) with ABS, FZ FI (Fuel-Injected, 149 cc) with ABS and UBS enabled scooters like Fascino 125 FI, Ray ZR 125 FI, Street Rally 125 FI; Superbike MT-09 (847 cc) and YZF-R1 (998 cc).
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