HMSI Sales: Honda ventured into the Indian market with its first two-wheeler, the Activa, in 2001 and the rest is history. Over the years, the company accomplished many milestones and continues to be one of India’s most loved two-wheeler brands. Since its inception, HMSI has been at the forefront of innovation, quality & customer satisfaction, consistently delivering a vast line-up of world-class products tailored to meet the diverse needs of Indian consumers, the release said.
Gurugram, 28 March 2024: Honda Motorcycle & Scooter India (HMSI), a leading two-wheeler manufacturer in the country, today proudly announced a significant milestone in its journey. The company has accomplished a historic achievement of 6 crore domestic sales in India. This remarkable feat underscores HMSI's enduring presence and unwavering commitment to the Indian market. Honda ventured into the…
Honda Motorcycle & Scooter India (HMSI) has proudly announced a significant milestone in its journey. The company has accomplished a historic achievemen
Mumbai/UNI: Honda Motorcycle & Scooter India (HMSI) announced on Thursday that it has accomplished a historic achievement of 6 crore domestic sales in India.
Hero MotoCorp, India s largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard.
Hero s share of rural two-wheeler sales in India has dropped from 40.4 per cent in 2018 to 33.3 per cent in 2023.
In contrast, Bajaj s share increased from 12.7 per cent in 2018 to 13.9 per cent, HMSI s from 21.8 per cent to 22.2 per cent, and TVS from 15.5 per cent to 17.8 per cent. Suzuki Motorcycle India has also seen its share rise from 1.7 per cent to 2.5 per cent.