Honda to widely expand two wheeler range by 2017, will also launch a low-cost motorcycle

Honda CBR 250R
Honda Motorcycle and Scooter India (HMSI) is a fully-owned local subsidiary of Honda Motor Co. Ltd. (Japan), which is the world's largest two-wheeler manufacturer by value.

Honda Motorcycles and Scooters India has been growing rapidly ever since its ties with Hero MotoCorp got severed in 2010. It is actually the fastest growing two-wheeler company, since divorce.

In current fiscal, Honda almost doubled its market share from 14 percent to 26 percent, growing at a rate of 25 percent. While Hero has recorded only a modest 8 percent growth, in the market that grew 12 percent to 1.09 crore units in first eight months.

Honda CBR 250R

Honda Motorcycle and Scooter India (HMSI) is a fully-owned local subsidiary of Honda Motor Co. Ltd. (Japan), which is the world’s largest two-wheeler manufacturer by value.

Such growth is shown in spite of huge capacity constraints that has led to booking backlog of around one lakh motorbikes and scooters. The company is almost saturated on the 46 lakh installed capacity, and until the fourth plant in Gujarat becomes functional, in 2016, waiting period for the products won’t come down.

And by the time the new manufacturing facility is erected, HMSI would be ready with new budget range of motorcycles and scooters for the country, reveals Economic Times. They will be highly affordable, according to HMSI President and CEO, Keita Muramatsu, but are assured not to be low-cost products, in quality and functionality perspectives.

New products are currently being developed at Manesar-based Research & Development centre, that houses more than 200 engineers, mostly from India. The new two-wheelers would be based on improvised iterations of existing platforms, or totally new products, depending on feasibility for low-cost production. They would all be out in the market in 2 to 3 years.

Honda already sells low cost motorcycles in South Africa, which are priced in the range of $600. Apart from low cost motorcycles, Honda Motorcycle and Scooter India will also launch a range of new and powerful motorcycles. By 2017, they aim to launch a range of new vehicles, of which includes many completely new products. By 2017, the company also aims to increase dealer network to 6,000 from today’s 3,400. All this will help Honda achieve their dream of toppling Hero MotoCorp and becoming the largest two wheeler manufacturer in the world.

About the author

Ashwin Ram N P

Life after college in 2014 has seen Ashwin Ram propel himself wholeheartedly into the auto industry. Information is never enough for this young blogger who enthusiastically ticks his elaborate checklist at each drive. The need to add that one extra detail ensures select articles that are upbeat, and comprehensive.

He no longer works with RushLane.

More on RushLane


Popular Elsewhere

Your opinion matters

  • Treeman

    How about a new Maxi Scooter for the U.S.?