Honda 2Wheelers India leads industry growth

Entering the second quarter of fiscal year 2022 on a positive note, Honda Motorcycle & Scooter India Pvt. Ltd. saw an uptick in two-wheeler demand during the month of July’21. Noteworthy, Honda 2Wheelers India contributed over 1 lac incremental units to the industry on the back of increase in demand for 2Wheelers in July’21. Honda 2Wheelers India’s total sales for the month of July’21 stood at 385,533 units registering 66% growth over June’21. This includes domestic sales of 340,133 units and 45,400 units in exports. Talking about the industry scenario and the market demand, Mr. Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said,“Gradually ramping up production while monitoring the market situation, Honda’s sale momentum continues to accelerate with July month reaching closer to 4 lakh unit mark. With majority of our dealer network resuming operations across the country, a sharp surge in enquiries for scooters followed by motorcycles is being witnessed. Backed by a good monsoon, increasing preference for personal mobility & upcoming festival season, we expect faster recovery for the market.”