MBSI will invest Rs5,000 crore over the next 3 years

12 Sep 2022 , 09:06 AM

By the end of 2025, Moto Business Service India (MBSI), a Yamaha Motors company that leases vehicles, plans to invest around Rs5,000 crore to assemble an inventory of nearly 300,000 units.

By the end of this year, MBSI hopes to increase its fleet of 3,300 units to 9,500 units.

Twelve businesses, including Rapido, Rentelo, Zypp Electric, and Fullfily, have teamed with MBSI, which has leased its vehicles to them or their drivers.

Fullfily has teamed with MBSI, which has leased its vehicles to them or their drivers.

One unit is equal to one two-wheeler for MBSI. For the corporation, a three-wheeler is comparable to two two-wheeler units, while a four-wheeler is equivalent to ten two-wheeler units.

Even though MBSI is a Yamaha Motors company, it buys cars from other Indian automakers. The company was founded in March 2021, and in December 2021, Royal Brothers, a bike rental company, became its first partner.

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