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Honda aims to reach 20 million Sales Mark by 2020

Published On November 6, 2015 00:00 IST
By Gajraj Singh Bhati



Japanese manufacturer Honda is keeping its base strong and is aiming to reach a 20 million mark in two-wheeler category by 2020. The company also considers India to be its biggest market with 7-8 million units at present. The current global market of Honda is 17.5 million and the company states few countries as its biggest market which are India, Pakistan, Bangladesh and Myanmar. As reported, Honda does not feel the 20 million mark difficult, as the sales of the company is growing with a perfect pace.

Also Read: Honda sales in October grew by 19 percent

The company is also focused on growing its numbers in India as they have a huge market share in the country. Other than this, improving the brand image amongst youth is the most important concern here. The company believes that scooter segment is growing in the country opposite of the motorcycle market which is somewhat still lacking. However, Honda is doing good to reach the numbers and also to increase sales in Indonesia.

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Gajraj Singh Bhati

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