BusinessIndia

Driving two-wheeler industry recovery in Q4, Honda sells total 411,037 units in March’21

Kolkata: Building on the demand momentum despite renewed COVID challenges, Honda Motorcycle & Scooter India Pvt. Ltd. closed March 2021 on a positive note.

Honda’s domestic sales in the month of March grew from 245,716 units last year to 395,037 units in March’21. With 16,000 units exported during the month, Honda total sales (domestic + export) closed at 411,037 units in the month.

Overall, Honda closed FY2020-21 (April’20 to March’21) with total sales of 4,073,182 two-wheelers. This includes domestic sales of 3,865,872 units and exports of 207,310 units.

Honda 2Wheelers India closed Q4 of FY’2020-21 with 31% growth, contributing the maximum – that is nearly every 3rd incremental two-wheeler sold in India.

Giving an overview of fiscal year 2020-21, Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said,

“FY’2020-21 was a year of Unprecedented Uncertainties. Honda resiliently overcame challenges from lockdowns to unlocks; while continuing to create many new firsts. India became the epicentre of Honda’s 2 global unveils (H’ness CB 350, CB350 RS) and followed this with the scintillating Indian debut of CB500X & CB 650R. Noteworthy, that leading the recovery as Highest Growth driver of two-wheeler industry in Q4, 2021 has started on an optimistic note for Honda.”

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