India’s largest scooter manufacturing company, Honda Motorcycle &
Scooter India (HMSI) has announced that it has touched the 10 million
units milestone in cumulative sales of two-wheelers in the country. HMSI
came into existence on December 14, 1999 and its first production
facility at Manesar started operations in 2001.
“From achieving its first million mark in five years to achieving the
last 10th million in just five months, Honda has aggressively grown to
meet increasing customer demand in India – the world’s second largest
two-wheeler market and a priority market for Honda for the next decade
and more,” HMSI said in a statement. Commenting on achieving the
landmark, HMSI President and CEO Keita Muramatsu said it was a
re-affirmation of the “deep trust of customers for brand Honda . Going
ahead, Honda will intensify its efforts to rapidly expand production,
network”. He also added the company would introduce advanced Indian
centric products across all motorcycle and scooter segments.
At present HMSI has two production facilities at Manesar (Haryana)
and Tapukara (Rajasthan) and is in the process of setting up its third
plant at Narsapuram, Karnataka. The company said it is poised to reach 4
million annual production capacity by 2013. It plans to add 500 new
touch- points and take its network to 2,000 touch-points in
2012-13. HMSI sells both scooters and motorcycles in the Indian market,
including models such as Activa, Dio, Aviator, CB Twister, CB Shine, CB
Unicorn and CB Stunner, apart from high-end performance bikes.
HMSI Total Sales Numbers:
To achieve the first 10 million units mark HMSI took 11 years time,
however the way HMSI is growing another 10 million units will be added
within next 3-4 years. HMSI also indicated that by 2020 it will sell 10
million units in a single year in India.
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