Business Standard

Thursday, December 26, 2024 | 10:01 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Honda to boost bike biz with mass market and mid-size motorcycles: MD-CEO

Says Indian arm aims to become the No.1 export resource among Honda's plants worldwide

Atsushi Ogata MD, president & CEO
Premium

We have taken lots of cost-saving initiatives, which will make HMSI’s operations not only more stable but also sustainable for the long-term,” Atsushi Ogata MD, president & CEO

T E Narasimhan Chenani
Honda Motorcycle & Scooter India (HMSI), which was predominantly a scooter maker, is now looking at strengthening its motorcycle offerings. It is coming up with a new mass-market entry-level motorcycle, targeting rural customers largely. 

For urban customers, the company is looking at new motorcycles for the mid-sized segment, said its new managing director (MD), president & chief executive officer (CEO) Atsushi Ogata.

HMSI, which produces 6.4 million units in India, is also targeting to become the number one export resource among Honda’s plants globally within three years. It is currently in fifth position in Honda’s export unit pecking order.

The pandemic has opened

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in