New Delhi, December 22, 2018: Honda Motorcycle & Scooter India Pvt. Ltd. has crossed the cumulative sales milestone of 4 Crore units in the country. And, with this accomplishment, Honda is now the only two-wheeler brand in India to cross the 40 million units’ mark in the shortest time span of just 18 years. This rapid growth in India has propelled the company to become the No. 1 contributor to Honda’s global two-wheeler operations across 120 countries. Honda 2Wheelers India is planning another 6 Lakhs capacity addition which will take the total production capacity to 70 Lakh units annually by 2020.
According to reports published in autoportal.com Sharing his perspective on the rollout of the milestone 40th Million two-wheeler, Mr. Minoru Kato, President & CEO – Honda Motorcycle & Scooter India Pvt. Ltd. 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.” Honda gained its first 1 Crore customers in the initial 11 years. The biggest contributor to this growth was Activa scooter which later established Honda’s legacy in the segment. The company introduced Industry First feature – Combi-Brake System with Equalizer technology in 2009 that would go on to become mandatory a decade later.