honda: HMSI crosses 5 cr cumulative sales mark in domestic market
The two-wheeler major gained its first one crore customers in the initial 11 years. Growing 3 times this speed, the company achieved the 2-crore sales milestone in just three years.
While the first 2.5 crore customers were added in 16 years, the next 2.5 crore customers were added in five years to breach the five crore customer milestone, Honda Motorcycle & Scooter India (HMSI) said in a statement.
“Serving Indian mobility needs for over two decades, we are honoured by the love and trust showcased by 5 crore customers in brand Honda. Since the beginning, along with its business partners and all stakeholders – Honda has remained focused to serve our customers with the best quality products and best after-sales support,” HMSI President & CEO Atsushi Ogata noted.
Moving forward, the company hopes to further expand its offerings and cater to the varied customer needs in the country, he added.
“It gives us immense pride seeing our various models proudly adorning the streets spread widely across length & breadth of India covering diverse geographies and complex demographics,” HMSI Director (Sales & Marketing) Yadvinder Singh Guleria stated.
HMSI’s first manufacturing plant in Manesar started production in 2001. The company commenced exports in 2002, while it forayed into the motorcycle segment with 150cc Unicorn in 2004.