Honda Sets Record By Crossing 40 Million Two-wheeler Sales
Modified On Mar 20, 2019 12:30 PM By Gaurav Sadanand
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It now holds the record as the fastest manufacturer to do so within just 18 years
- Honda two-wheelers India has crossed the landmark figure of 40 million unit sales
- It now holds the record as the fastest manufacturer to do so within just 18 years
- Honda India becomes the largest contributor to the manufacturer’s global sales
Honda 2Wheelers, which began operations in India back in 1999, has announced that it has crossed the 40 million sales milestone. Not only has the Japanese two-wheeler giant managed to achieve this feat within a span of just 18 years, it also set a record as the fastest manufacturer to do so!
The company was quick to gain its first 10 million customers within 11 years. Fast forward three years from then and the bikemaker raked in another 10 million, three times faster than the previous time frame. In the next four years, Honda sold another 20 million motorcycles and scooters. In contrast, the first 20 million sales took a total of 14 years.
Honda set its foundation in India with the Activa in the scooter segment. What started out as a small step into the Indian two-wheeler space soon branched out into different segments. Currently, the company has a huge portfolio of bikes and scooters in India. This extends from its highest-selling two-wheelers, the Activa and the CB Shine, to the litre-class superbike, the CBR1000RR. Additionally, Honda India has become the number one contributor to the Japanese two-wheeler manufacturer’s global sales as well.
Here’s the official statement from the manufacturer.
Press Release -
Honda 2Wheelers cross 40 Million Sales Mark
Sets record as Fastest in Industry to achieve 40th million mark in just 18 years!
New Delhi, December 20, 2018: Creating history in the Indian two-wheeler industry, Honda Motorcycle & Scooter India Pvt. Ltd. today announced the accomplishment of 40 million cumulative two-wheeler sales. With this, Honda is now the ONLY two-wheeler brand in India to cross the 40 million units’ mark in the shortest time span of just 18 years.
Honda’s journey to gaining the trust of 40 million customers
Honda gained its first 10 million customers in the initial 11 years. Growing 3 times this speed, the next 10 million customers were added in just next 3 years.
While the first 20 million customers were added in 14 years, Honda led India’s accelerated growth for mobility on two wheels and added the latest 20 million customers in just 4 years.
Sharing his perspective on the rollout of the milestone 40th Million two-wheeler, Mr. Minoru Kato, President & CEO - Honda Motorcycle & Scooter India Pvt. Ltd. said, “We are honoured by the love and trust that 40 million customers have bestowed on brand Honda in such a short time. Since the very start, Honda is led by a challenging spirit bringing Joy to millions of customers with high quality innovative products.”
Speaking on Honda’s historic achievement, Mr. Yadvinder Singh Guleria, Senior Vice President - Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said, “Honda 2Wheelers India is proud to power every flight on wings for more than 40 million two-wheeler riders. With an extensive range of scooters & motorcycles, rapidly expanding network, adding customer friendly services, Honda is all set to further delight its customers in pursuit of their Dreams.”
Building foundation to realizing Dreams
2001 -2011: Honda’s maiden product – the iconic Activa established Honda’s legacy in scooter segment. Fast scaled up production and stepped into the motorcycle segment with premium 150cc CB Unicorn and 125cc CB Shine (now India’s largest selling 125cc motorcycle). Introduced Industry First feature - Combi-Brake System with Equalizer technology in 2009 that would go on to become mandatory a decade later.
2011- 2018: In 2011, HMSI entered a new era as only Honda in the Indian two-wheeler industry. In these short 7 years, Honda parallel created many new benchmarks in the industry too. From expanding production from 16 lac units annually at 1 plant to 64 lac units annually from 4 plants, from its entry into the mass motorcycle segment in 2012 with Dream Yuga to the new Technical Center for faster development of India specific models, from starting the
Make In India for big bikes in 2015 with CBR 650F and later Africa Twin to bringing new type of ride for India with NAVI and India’s first utilitarian scooter CLIQ, from Activa overtaking all two- wheelers to become India’s highest selling two-wheeler to CB Shine motorcycle breaching the 70 lac sales mark.
Infact, Honda 2Wheelers India’s rapid growth has propelled it to becoming the No. 1 contributor to Honda’s global two-wheeler operations across 120 countries. But this is not all. In pipeline is yet another 6 lac capacity addition which will take Honda 2Wheelers India’s total capacity to 70 lac units annually by 2020.