Bengaluru, April 17: Honda Motorcycle and Scooter India (HMSI) says its sales has jumped 18 per cent in the year-ending March 2009 to 10.7 lakh units, beating the Indian two-wheeler market’s average growth of five per cent.
HMSI is a 100 per-cent subsidiary of the world’s largest two-wheeler manufacturer, Honda Motor Company, Japan.
The company remains equally bullish this year and targets production of 12.5 lakh two wheelers – evidence to the fact that not all of the country has slowed down. Rural spending, for instance, remains strong.
The Honda Activa model has been one of its growth drivers in India, contributing around 46 per cent to overall company sales.
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