Honda Motorcycle and Scooter India Pvt Ltd (HMSI) - a subsidiary of Honda Motor Company Ltd, Japan is all set to start exporting its vehicles to Sri Lanka, a HMSI top official said here today.
Speaking to reporters on the sidelines of the launch of company's new 125cc motorcycle 'CBF Stunner' here, HMSI All India Sales Head Y Guleria said "we will be exporting our motorcycles and scooters to Sri Lanka shortly".
"With this the company would be exporting its vehicles to 42 countries" he said and added that main focus would be in the European and Latin American market.
Elaborating on the international market which contributes three per cent of the company's exports, Guleria said "last year around 32,000 vehicles were sold in the overseas market".
It includes motorcycles like Unicorn, Shine and the scooterette Dio, he said.
On the company's future plans, Guleria said "We have plans to launch a 100cc motorcycle, a limited edition of the 150cc motorcycle - Honda Unicorn and also to import the Honda CBR 1000 'S' series soon" Guleria said.
Though the 100cc vehicle is slated to hit the market later next year, Guleria declined to comment on the launches of limited edition of Honda Unicorn and the CBR vehicles.
"We do not want to disclose it now but we have plans" he said.
About the company's new motorcycle CBF Stunner, he said they are hoping to increase their market share from the present 11 per cent to 13 per cent, over the next two years.
"We have targetted to sell 80,000 units of CBF Stunner and the total vehicles of 10 lakh units this fiscal" Guleria said.
