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Honda India two-wheeler unit sees FY15 sales rising more than a fifth

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Reuters NEW DELHI
Last Updated : Sep 12 2014 | 4:17 PM IST

NEW DELHI (Reuters) - Honda Motor Co Ltd's Indian two-wheeler unit expects sales of 4.5 million scooters and motorcycles during the year to March, a senior company executive said on Friday.

That would be a nearly 22 percent increase from 3.7 million two-wheelers the company sold last fiscal year.

Y.S. Guleria, head of sales and marketing at Honda Motorcycle & Scooter India Pvt Ltd, also said the company plans to invest 11 billion rupees ($181.2 million) in its operations during the current financial year.

(Reporting by Aditi Shah; Writing by Devidutta Tripathy)

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First Published: Sep 12 2014 | 4:07 PM IST

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