Honda 2Wheelers India Exports Cross 2 Million Milestone

Honda 2Wheeler India is one of the fastest growing manufacturers in the country and the company has achieved a new milestone with its exports crossing the two million mark. The company's massive growth in exports emerges from the popularity of scooters with the Honda Dio being the most exported scooter from India. The Honda Navi moto-scooter too is gaining popularity in the international market, the company said in a statement. The Japanese two-wheeler giant commenced exports from India in its debut year of 2001 with the Activa scooter and now ships a range of motorcycles and scooters from the domestic facilities.

Also Read: TVS Motor Company Announces Operations In Mexico

Celebrating this achievement, Honda Motorcycle and Scooter India (HMSI) - Senior VP - Sales and Marketing, Yadvinder Singh Guleria said, "With an eye on the 2020, Honda 2Wheelers India's ambition is to 'Lead in India and the World with Quantity and Quality'. Backed by strong domestic sales, India is already the No. 1 contributor to Honda's global two-wheeler sales. On the exports front, our tri-fold strategy of introducing new models, entering new markets while consolidating in existing markets has resulted in achieving 2 million export milestone. We thank our customers and business partners across the globe for their trust in Honda 2wheelers made in India. The future is exciting as the BS-VI norms effective in 2020 will unlock new markets for us."
 
Honda cumulative two-wheeler exports though have seen a three-fold increase in recent years. The company first hit the one million mark 14 years after beginning export operations, while the two million mark took just three years to achieve. The company exports to 28 markets from India including Asia-Oceania, Latin America, the Middle East and Europe. A total of 16 models are exported from the country overseas with Latin America and SAARC countries leading the export demand.
 
Over 60 per cent of Honda's exports comprise scooters with the company being India's number one scooter exporter with a 63 per cent market share. In fact, the manufacturer says that ever second scooter exported from the country is a 'Honda Dio'. Motorcycle exports, meanwhile continue to grow double-digit and contribute over 50 per cent to Honda's total exports from India. With the BS6 norms coming up, Honda is optimistic that the upgraded motorcycles made-in-India unlock new markets for the company.



from NDTV CarAndBike - Latest News

Comments

Post a Comment

Popular posts from this blog

Harley-Davidson Streetfighter Spotted In Flesh For The First Time

Image
Harley-Davidson unveiled a range of new motorcycles last year that included an adventure tourer, streetfighter and Custom range. This, along with the LiveWire electric motorcycle defines the new-age 21st century offerings from the manufacturer as it taps into newer markets and caters to an evolving customer base. Now, giving a glimpse of the new models out in the open, the new Harley-Davidson Streetfighter was spotted in the prototype version at what seems to be a trade show in the US, giving a good glimpse at motorcycle looks like in flesh. While board says 'Styling Prototype', the production-spec version of the Streetfighter is likely to stay identical to the model showcased here. In addition to the Streetfighter, the Pan America was also showcased at the same event. The production spec versions of both bikes could be unveiled at EICMA this year. Also Read: Harley-Davidson Livewire To Be Unveiled In India In August The Harley-Davidson Streetfighter is a completely new mot
Read more

Brixton 1200 To Rival Triumph Bonneville T120

Image
A 1200 cc modern classic with similar design lines as Triumph's iconic Bonneville series, has reportedly been cleared for production. The bike was showcased as a concept at last year's EICMA motorcycle show, and from the looks of it, this is a model developed in China with the Triumph Bonneville T120 in its sights. The Brixton brand though is part of Austria's KSR Group, which imports bikes from several Chinese manufacturers, including CF Moto. And while the new Bonneville rival will be manufactured in China, the design and engineering has been created at KSR's design centre in Krups, Austria. Also Read: Triumph Bonnville T120 First Ride Review The Brixton 1200 cc motorcycle has not been named yet, or a launch timeline announced So far, the company has not committed to a launch date yet, but says that it will eventually make it to production. And from the looks of it, that may well be sometime later this year, maybe even at the EICMA 2020 show in Milan, Italy, in
Read more

Zongshen Cyclone RX6 Based On Norton 650 Nearing Completion

Image
While there still doesn't seem to be a buyer for iconic British brand Norton Motorcycles which went into administration in January this year, the firm's 650 cc parallel-twin seems to be finding life in China. While Norton apparently sold off the engine rights of its 961 engine to China's Jinglang just before the brand went into administration, the deal for the 650 cc engine was finalized way back in 2017 with Chinese giant Zongshen. The 650 cc parallel-twin engine was due to be used in Norton's Atlas and Superlight models, but now it looks like that engine platform will make its debut in a Zongshen motorcycle, called the Cyclone R6. Also Read: How Much Is Norton Motorcycles Worth Now? One of the patent designs shows the Cyclone RX6 with full touring accessories and luggage Two prototypes fitted with the 650 cc parallel-twin engine were shown in China late last year, on the Zongshen Cyclone RX6 adventure bike and the RX6 sport tourer. Both bikes used Zongshen-made
Read more