Honda Motorcycle & Scooter India (HMSI) is developing a completely new two-wheeler in India which could be launched this fiscal only along with other new products even as it plans to sell 39.3 lakh units this fiscal.
“We plan to sell 39.3 lakh units this fiscal and almost 50 per cent of the contribution would come from scooter segment,” said HMSI President and CEO Keita Muramatsu. “It is just the begining of the fiscal and people can look forward to more launches this year. Honda Motorcycle & Scooter India (HMSI) and Honda Research & Development India are working on a project to produce a 100 per cent locally developed product in India,” added Muramatsu when asked how many launches are expected this yearIJ
He, however, did not elaborate whether it would be a scooter or a motorcycle. “The work is happening at our technical centre at Manesar, which has an integrated system of design, engineering, purchasing and quality under one roof,” explained HMSI Vice-President Sales & Marketing Yadvinder Singh Guleria further on the project.
HMSI on Wednesday launched a new product in the personal compact scooter segment, ACTIVA-I, priced at Rs 44,200 (ex-showroom Delhi), its most affordable model in the segment. The gearless scooter powered by a 110cc engine will be available for sale across the market by the end of the month.
“As a leader in the automatic scooters segment, Honda’s entry into the personal compact segment with ACTIVA-I is its next strategic step towards reinforcing its market leadership,” Muramatsu said.