Honda Motorcycles target 4 million units by next year

Posted in : News

(added few years ago!)

Honda Motorcycle & Scooter India (HMSI) is now on the aggressive growth course. The company which is now free from its venture with Hero Group is now planning to double its domestic two-wheeler production. The company is targeting overall sales of 4 million two-wheelers in India by next year, thereby nearly doubling the overall sales volume of 2.1 million it recorded during last year.

The company which has garnered a market share of about 14 per cent is looking at increasing this as it commissions the third manufacturing plant in Karnataka. This will take up the capacity to 4 million two-wheelers per annum.

Makato Yoshii, Deputy Director, Sales, HMSI said "The Indian two-wheeler market is one of the most exciting in the world and the company expects to continue to witness growth over the next 10 years and beyond."

Tags : Honda Motorcycle & Scooter India, HMSI, Hero Group, Karnataka, Makato Yoshii

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(added few years ago!) / 1442 views
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