Honda Motorcycle & Scooter India today announced the sale of 40 million (4 crore) cumulative sales. With this, Honda is said to be now the only two-wheeler brand in India to cross the 40 million units’ mark in the shortest time span of just 18 years.
Honda gained its first 10 million customers in the initial 11 years. Growing 3 times this speed, the next 10 million customers were added in the next 3 years. While the first 20 million customers were added in 14 years, Honda led India’s accelerated growth for mobility on two wheels and added the latest 20 million customers in just 4 years.
Minoru Kato, president and CEO - Honda Motorcycle & Scooter India said, “We are honoured by the love and trust that 40 million customers have bestowed on brand Honda in such a short time. Since the very start, Honda is led by a challenging spirit bringing Joy to millions of customers with high-quality innovative products.”
Yadvinder Singh Guleria, senior vice president - Sales & Marketing, Honda Motorcycle & Scooter India said, “Honda 2Wheelers India is proud to power every flight on wings for more than 40 million two-wheeler riders. With an extensive range of scooters & motorcycles, rapidly expanding network, adding customer friendly services, Honda is all set to further delight its customers in pursuit of their dreams.”
Honda since 2011
· 2001-2011: Honda’s maiden product – the iconic Activa established Honda’s legacy in the scooter segment. Fast scaled up production and stepped into the motorcycle segment with premium 150cc CB Unicorn and 125cc CB Shine (now India’s largest selling 125cc motorcycle). Introduced Industry First feature - Combi-Brake System with Equaliser technology in 2009 that would go on to become mandatory a decade later.
· 2011-2018: In 2011, HMSI entered a new era as only Honda in the Indian two-wheeler industry. In these short 7 years, Honda created many new benchmarks in the industry too. From expanding production from 16 lakh units annually at 1 plant to 64 lakh units annually from 4 plants, from its entry into the mass motorcycle segment in 2012 with Dream Yuga to the new Technical Center for faster development of India specific models, from starting the Make In India for big bikes in 2015 with CBR 650F and later Africa Twin to bringing new type of ride for India with NAVI and India’s first utilitarian scooter CLIQ, from Activa overtaking all two-wheelers to become India’s highest selling two-wheeler to CB Shine motorcycle breaching the 70 lakh sales mark.