Honda Motorcycle and Scooter India (HMSI) has said its ‘by India, for India’ bike Honda Navi has crossed 50,000 units deals mark in only six months of market availability. The bike was propelled at the Auto Expo 2016 in Greater Noida. The bike producer as of late presented the utility box for the accommodation of storage to Navi riders.

Navi crosses 50,000 units landmark in just six months of market availability,” HMSI said in a statement. It also said that the company has witnessed jump in sales over the years.

Honda Navi
Honda Navi

Keita Muramatsu, President & CEO, HMSI said, India is the fastest growing economy in the world and one of the most important markets for Honda. With this vision of growth, today we have achieved a new milestone for our business in India. The journey to the 28 million milestone has been phenomenal.”

Further, it said that HMSI is setting the pace of industry with its 24 per cent development contrasted with the 13 per cent development of total two-wheeler industry.
“Continuing to reinforce its position as both the highest market share gainer adding 2 per cent share to 26 per cent market share in domestic export sales,” it added.

The automaker is right now running at full limit at all its four manufacturing plants.

Its total production capacity is 5.8 million units. HMSI has expanded its touch points network to 4,800 plus mark and will be adding another 500 touch points by the end of this fiscal.

“Aggressively expanding network footprint, with special focus on semi-urban and rural areas, we aim to cross 5,300 outlets by the end of current fiscal.” it said.

Yadvinder Singh Guleria, Senior Vice President – Sales & Marketing, Honda Motorcycle & Scooter India said, “With Navi, Honda has been successful in creating a new segment in the Indian two-wheeler industry.”


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