The growing economy of Asia and the demand of Indian market have attracted Yamaha to such an extent that it is now planning to go through the competition at the Japanese car manufacturers, who are trying to book profits in the Asian markets.

It has been informed that Yamaha would be investing a huge amount of $151 million by 2013. Honda Motor Co. and Suzuki Motor Corp. are also planning to almost double the production of their products. Japanese car manufacturers are of the view that the Auto Expo of Delhi would create greater demand in the South Asian market.

As new car models would be unveiled in the Auto Expo, many would be attracted towards buying the new models of car. This would provide the car manufacturers with an opportunity to maximize their profits.

The Prime Minister of India, Manmohan Singh, is of the view that the growth of India would return to 8.5% to 9% soon after global economy stabilizes. Roy Kurian, of India Yamaha Motor Pvt., is hopeful that their sales would witness a jump as last two year they have witnessed a stabilize market.

Although car manufacturers are eyeing on India for profits, the Prime Minister is of the view that the economy of the country might witness a decline on March 31.

Honda Motorcycle & Scooter India Pvt. is among those vehicle manufacturers hoping for the best in 2012. Yesterday at Auto Expo, the firm launched six new models and a scooter which included the 110 cc Dream Yuga. The company is hopeful that by 2020, the company’s market shares would increase to 30% from 14% of present.

Although the growth and sales of scooters and two wheelers is quite slow, Honda Motorcycle & Scooter India Pvt. is stilling hoping for the bet. It will be revealed in the coming time only whether or not the company ids able to achieve its set targets.