Head of Honda Motorcycle and Scooter India sets a 20% growth target for next year.
When Honda India announced that they had sold a new record of five million units for the last financial year, most would have been inclined to rest on their laurels a little. Especially when considering that this was a growth of 12% when compared to the industry rate of just 5%.
The fact that this was done against the then upcoming BS IV emissions regulations was perhaps even more surprising.
Quoted in the Economic Times, Minoru Kato, the Head of Honda Motorcycles India certainly seems to think so,
“This stupendous growth came despite two big shocks by way of note ban in November and December and the March 29 Supreme Court ban on selling BS III models. I hope no more such shocks will be coming in this year.”
And he should hope not, because he’s set ambitious goals for 2018,
“We expect to sell 20 percent more or additional 1 million units at over 6 million units this year.”
In order to achieve this, Honda India have confirmed that they’ll be bringing the Africa Twin to the country, as well as adding two new scooters alongside two new bikes.
Currently the largest capacity of bike manufactured within the country is the CBR250R and rumours have been rife with regards to a larger capacity machine within the midrange section being pinpointed for production on Indian soil.
In support of these whispers, a fourth assembly line is being opened in July of 2017 at their factory in Karnataka – bringing the overall production capacity up to 6.4 million.
India is the largest single market for Honda globally, contributing a total of 30% to their entire, worldwide sales.