Two-wheeler manufacturer Honda Motorcycle and Scooter India (HMSI) will launch two new motorcycles in the second quarter (July-September) of fiscal 2014-15.
The company made the announcement Tuesday at its 13th annual business meet held in Japan with over 900 business partners, including dealers, distributors, transporters, stockists and Honda associates from India.
According to the company, while the first motorcycle shall be the latest addition to the Dream series as Honda's most affordable motorcycle in India, the second will be a sporty 160cc high displacement motorcycle.
"Sustaining its superior growth, HMSI has set the challenging target of 45 lakh unit sales in 2014-15," said Keita Muramatsu, president and chief executive, HMSI.
The company added that it will add 1,000 new touch-points to its network, thereby doubling its network in two years from 1,950 outlets in 2012-13 to 3,800 outlets by end of 2014-15.
The company parted with its erstwhile Indian partner Hero in 2011.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app