Latest news with #India-manufactured
Time of India
15-05-2025
- Automotive
- Time of India
Yamaha announces free 10-year warranty on all bikes and scooters
India Yamaha Motor (IYM) on Thursday announced a 10-Year Total Warranty for all its India-manufactured motorcycles and scooters. The warranty covers up to 1,00,000 km for select scooters and 1,25,000 km for motorcycles. The new program will be available free of cost for a limited period to new customers, ANI reported. Part of Yamaha's 40-year milestone in India The 10-Year Total Warranty includes a 2-Year Standard Warranty and an additional 8-Year Extended Warranty . It applies to engine and electrical parts, including the Fuel Injection (Fi) system. This move is part of Yamaha's premium brand strategy and aims to offer long-term value and dependability to customers. Warranty coverage spans scooters and motorcycles Under the new initiative, Yamaha's hybrid scooters — Ray ZR Fi and Fascino 125 Fi — and the Aerox 155 Version S will get coverage up to 1,00,000 km. The made-in-India motorcycle range, which includes the FZ Series, R15, and MT-15, will be covered for up to 1,25,000 km. Free for now, nominal cost later Customers buying new Yamaha two-wheelers during the launch phase will get the extended warranty at no extra cost. 'This initiative reflects the brand's confidence in product quality and commitment to long-term ownership value.' After the initial period, the extended warranty will be offered for a nominal fee. Fully transferable, adds resale value The Total Warranty is transferable to subsequent owners. Yamaha said this feature helps enhance resale value and highlights the durability of its vehicles. 'It is not just a warranty but a reflection of Yamaha's strong focus on building lasting relationships with its customers and offering a consistent, premium ownership experience through quality products.' Live Events Supports long-term ownership goals According to Yamaha, the new warranty program will help reduce overall ownership costs and improve service value. 'Yamaha's 10-Year Total Warranty addresses these expectations by reducing overall ownership costs, improving service value, and supporting a worry-free riding experience over an extended period.' Reinforces Yamaha's legacy in India Celebrating 40 years in India, Yamaha said the warranty program is part of its broader plan to stay committed to Indian customers. 'This new warranty offering reinforces that legacy, reaffirming Yamaha's promise of providing not just aspirational two-wheelers but also sustained support and value over the long term.' (Inputs from ANI) Economic Times WhatsApp channel )
New Indian Express
30-04-2025
- Business
- New Indian Express
Shifting iPhone mfg to India not easy
Despite euphoria surrounding a potential shift of iPhone manufacturing to India from China, experts seem to think otherwise, citing manufacturing difficulties. As per a S&P Global report, India will need to double shipments, either through new capacity or by redirecting shipments for the domestic market. iPhones made in India are predominantly exported to the US. Total exports to the US was 82% of phones manufactured in India in the three-month period to February 28, 2025, S&P Global Market Intelligence data shows. That surged to 97.6% in March 2025 as a result of a 219% jump in exports, reflecting the firm looking to preempt higher tariffs. However, India manufactured iPhones account for only 8.5% of the phones sold in the US, with China accounting for three-fourth of the total sales. As per S&P, iPhone sales in the US were 75.9 million units in 2024, while India-manufactured only 3.1 million units in March 2025. 'This means India needs to double shipments either through new capacity or by redirecting shipments bound for domestic market.' In both cases, India will have to be dependent on China for phone components, it added. The major challenge in shifting iphone manufacturing to India is a dearth of components. India still depends heavily on imported components from China for its assembly of electronic products, says Nomura, which feels Chinese exporters could try to use India to reroute Chinese exports to the US. 'China will not easily let entire iPhone manufacturing move to India. China will look for a strategic partner in some other country and reroute its products from that country to the US. This could be a Middle East country,' says Faisal Kawoosa, founder of Techarch. As per a report by the Financial Times, Apple is planning to shift the manufacturing of all iPhones (over 60 mn) meant for sale in the US to India by next year. Due to the trade war between the US and China, Apple is diversifying its iPhone production from China to India. The company started producing its devices in India through contract manufacturers, beginning with basic iPhones in 2017 and starting to make pro models in 2022. As per data, Apple assembled $22 billion worth of iPhones in India in FY25, marking a 60% rise over the previous year. This means Apple manufactures 20% iPhones in India. Currently, three major iPhone manufacturers in India -- Foxconn, which produces 67% of India's iPhone output; Pegatron, 17%; and Tata Electronics handling the remaining share. All of them source their components from China.
Business Upturn
23-04-2025
- Automotive
- Business Upturn
Government considers zero tariff on Harley-Davidson bikes in US talks — check how much they cost in India now
By Aditya Bhagchandani Published on April 23, 2025, 11:07 IST In a move that could significantly reshape India's luxury motorcycle segment, the central government is mulling a proposal to eliminate import duties on high-end motorcycles with engine capacity of 750cc or more. The proposal is reportedly part of broader US-India trade negotiations and largely aimed at easing market access for American brand Harley-Davidson. According to Bloomberg, the offer is being considered as part of a potential 'zero-for-zero' arrangement, where India could also extend similar benefits to auto parts. While discussions are ongoing, any final announcement will depend on the direction of trade talks with the US. Currently, imported motorcycles above 750cc attract a customs duty of up to 50%, making premium bikes considerably more expensive in India. If implemented, the zero-tariff proposal could drastically reduce the prices of flagship Harley-Davidson models. Here are some of Harley-Davidson's 750cc+ bikes currently sold in India: Harley-Davidson Sportster S Engine : 1252cc Mileage : 19 kmpl Power : 120.69 bhp Weight : 228 kg Price: ₹16,48,938 (ex-showroom) Harley-Davidson Nightster Engine : 975cc Power : 88.5 bhp Weight : 221 kg Price: ₹13,39,194 (ex-showroom) In comparison, Harley-Davidson's India-manufactured X440 (440cc) is priced at ₹2,39,500, clearly showing the premium gap that exists for imported models due to tariffs. The biggest impact of this proposal would be felt in the ultra-premium segment, which has remained niche due to high costs. Brands like Harley-Davidson could see a revival in volumes if the cost barrier is brought down. Currently, Human Mixtard insulin's Rs 800 crore market exit is already creating pharmaceutical churn — a similar shake-up could occur in the auto space with such tariff revisions. As of now, no final decision has been made, but the offer reflects India's shifting strategy to balance protectionist policies with global trade realignments — especially in discussions with the US. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
