20 Suppliers from India participated in the conference
Global Theoretical Value Production (TVP) award to Indian Supplier
New Delhi, May 5, 2017: Yamaha Motor Company Ltd (YMC), Japan recently organized the Global Suppliers Conference for the fifth consecutive year in Japan. More than 220 suppliers from 14 countries attended the conference including 77 suppliers from India, China, Vietnam, Indonesia, Taiwan, USA, Europe, Thailand and Malaysia. This year, 20 suppliers from India attended the conference to exhibit their technology and gain exposure through interaction with the senior management of YMC Group companies across various countries.
The Global Suppliers Conference is organized every year by YMC to help the participants understand the company’s vision and long term plans. The objective is to emphasize on creating manufacturing and design innovations by continuously developing new technologies for its products in order to bring down the cost and improve the productivity.
21 suppliers which included 12 from India, 6 from China and 3 from Taiwan got an unique opportunity to exhibit and share their technology with YMC Research & Development and Engineering Team members via a technology exhibition. More than 400 technical persons of YMC visited and interacted with these 21 suppliers and interacted for the new technologies, developments and benchmarking being developed or created by suppliers.
On this occasion, Mr. Toru Yamaguchi, Head of Purchase and Deputy MD – India Yamaha Motor Pvt. Ltd. said, “Through this conference, we aim to develop a better communication and partnership with our suppliers. Yamaha’s policy has been to work as one team and develop the business together with the suppliers. We have to keep challenging ourselves in all the areas in order to increase market share, achieve higher competitiveness in model development and enhance better capability in manufacturing. We have huge expectation from the Indian suppliers for global Yamaha business.”
One of our Indian Supplier M/S Endurance Technologies Pvt Ltd was honored with the Global TVP (Theoretical Value Production) award. They are among the 5 awardees at the Global level. This award is conferred on a company who is doing significant improvements to minimize or eliminate non value and semi value operations during the production, thus increasing their productivity and efficiency without additional investments. This is a testament of our Monozukuri activities together with our Business partners.
Other supplier participated in the conference included FIEM Industries Limited, Endurance Technologies Private Limited, Roop Polymers Limited, NRB Bearings Limited, Sansera Engineering Private Limited, ADVIK Hi-Tech Private Limited, Minda Stoneridge Instruments Ltd, Minda Industries limited, Johnson Matthey, Emitec emission Control, Minda corporation, L.G. Balakrishnan, Shriram Pistons and Rings, SKF India Ltd, Hemson Engineers, Modern Automotives Ltd , Indian Fine Blanks Limited, Minda Sai Ltd and Gabriel India Ltd.
About India Yamaha Motor Pvt. Ltd.
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 Surajpur (Uttar Pradesh), Faridabad (Haryana) and Chennai (Tamil Nadu). The infrastructure at these plants supports production of two-wheelers and parts for the domestic as well as overseas markets.
Presently, its product portfolio includes: Sports models such as YZF-R15 version 2.0 (149 cc), YZF-R15S (149 cc); Blue-Core Technology enabled models such as FZ 25 (249 cc), FZ-S FI (Fuel-Injected, 149 cc), FZ FI (Fuel-Injected, 149 cc), Fazer FI (Fuel-Injected, 149 cc), SZ-RR version 2.0 (149 cc), Saluto (125 cc), Saluto RX(110 cc), Cygnus Ray-ZR(113 cc), Fascino (113 cc), Cygnus Alpha (113 cc), Cygnus Ray Z (113 cc); latest superbike MT-09 (847 cc) as well as imported models comprising of VMAX (1,679 cc), YZF-R1M (998 cc) and YZF-R1 (998 cc).