Honda says 95 percent of its two-wheelers produced domestically are sold in the country and the remaining are exported to 68 countries globally
Honda Motorcycle & Scooter India Pvt. Ltd. today announced that it has reached a monumental feat as the company’s four manufacturing plants locally have crossed the 35 million two-wheeler production mark cumulatively. Celebrating the historical milestone, the Japanese conglomerate can also be credited with the fact that it is the only two-wheeler brand to have attained the 35-million million in just 17 years since foraying into the market.
Having started operations in 2001, Honda 2Wheelers took just 11 years to achieve the 10 million production mark but what followed that was nothing short of exponential growth. By being the only Honda in Indian two-wheeler space since 2012, Honda added the next 25 million owners in just five and half years.
Buoyed by the runaway success of its scooter operations especially with the Activa, Honda claims that it has been adding a new customer every 5 seconds in the domestic market. With 35 million customers and having 24 products, Honda 2wheelers has constantly been expanding its footprint in India and has a network of over 5,700 authorised touch-points.
This landmark signifies Honda’s commitment to India as the two-wheeler division plays a key role as the biggest production and sales base for both the country and the world. Between 2017 and 2018, Honda manufactured an estimated 14.8 million units worldwide (from April to December 2017).
Our vast market accounted for approximately 31 percent of the motorcycle production and consolidated the position as the biggest two-wheeler production hub for Honda globally. Honda says 95 percent of its two-wheelers produced domestically are sold in the country. Through the years, products made in India have been exported to 68 countries worldwide.
Honda began its operation in 2001 from its first plant in Manesar, Haryana and entered the automatic scooter segment with the Activa. Three years later, it introduced the 150cc CB Unicorn and the 125cc CB Shine came out in 2006. Honda scaled up its production and expanded capacity at Manesar plant from 55,000 annually produced units in 2001 to 16.5 lakhs in 2011. Between 2011 and 2017, three new plants were established upping the total annual capacity to 6.4 million two-wheelers.