HMSI guns for double-digit growth despite challenges in Kerala, West Bengal

Honda Motorcycle and Scooter India (HMSI) expects to log double-digit sales growth in the current fiscal despite facing challenges in two of its prominent markets -- West Bengal and Kerala, a top company official said.

The company, which sold a total of 57.75 lakh units in the domestic market last year, is grappling with shortfall in sales in Kerala which has been ravaged by floods.

It is also impacted in West Bengal, like the rest of the industry, where the state government has made driver's licence mandatory for buying two-wheelers.

"There is a situation in West Bengal and Kerala and we have been struggling. But we have intention to recover in other regions," HMSI President and CEO Minoru Kato said in an interaction.

When asked about growth outlook for the ongoing fiscal in the backdrop of the developments, he said,"This fiscal we expect double-digit growth...we plan to stick to our target."