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Yamaha Motorcycles started manufacturing of motorcycles in India by establishing a joint venture company with local partner Escorts in 1996. In 2001, Yamaha Motors India became a 100% owned subsidiary of YMC. Then in 2005, a separate sales company, Yamaha Motor India Sales Private Limited, was established, after which the Yamaha motorcycle business in India was conducted by two companies specializing in manufacturing and marketing respectively.
Sources:Yamaha Motor India
Picture:IYM
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