Honda Motorcycle & Scooter India expects FY27 domestic sales volume at 6 million units
Executive Brief • Key Highlights
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- ✓Honda Motorcycle & Scooter India expects domestic sales to reach 6 million units by March 2027.
- ✓President Tsutsumu Otani said, "Considering the current pace, Honda's domestic sales volume may be around six million units for the year." The company saw a 13.5 percent rise in dispatches during the first half.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Synopsis
Honda Motorcycle & Scooter India aims to increase domestic sales to 6 million units by March 2027. The company reported a 13.5 percent rise in dispatches in the first half of FY27. Honda's market share currently stands at approximately 25 percent in India. Additionally, they plan to expand production capacity to 8 million units by 2028.
New Delhi: Honda Motorcycle & Scooter India (HMSI) expects its domestic sales volumes to reach 6 million units during the current financial year ending March 2027, said HMSI President and CEO Tsutsumu Otani.
This would represent around 4.3 per cent year-on-year growth compared to domestic dispatches of 5.75 million units in FY 2025-26.
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The Economic Times
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