News
Japanese two-wheeler major Honda has gone past the 20 million (2 crore) customer base mark in India. The company's 20 millionth vehicle was rolled out last week, less than 14 years since the it began operations in the country.
Honda sells the Activa, which has been India's largest-selling automatic scooter for a while now. The company has a 55% share in the automatic scooter segment. It is in the process of setting up its fourth plant in India. Located at Vithalapur, in Ahmedabad district of Gujarat, the new factory will be spread across 80 acres of land and will have an annual manufacturing capacity of 1.2 million units. It is slated to be the world's biggest scooter manufacturing facility. Once the plant is commissioned, Honda's total annual production capacity will be increased to 5.8 million units.
The company also sells the country's most popular 125 cc motorcycle, the CB Shine.
In the Indian two-wheeler market, Honda has a market share of 28.4% and a growth rate of 23%. At present, the company lies in second place with Hero MotoCorp, its former collaborator, in the lead.