HMSI sales up 33 pc in January at 5,17,732 units

Honda Motorcycle and Scooter India (HMSI) today reported a 33 per cent jump in total sales at 5,17,732 units in January.
The company sold 3,89,313 units in January 2017, HMSI said in a statement.
In the domestic market, the company posted 33 per cent jump in sales to 4,88,809 units in January 2018, as against 3,67,972 units in the year-ago month.
Besides, the company said it has surpassed 5 million sales mark in just 10 months, selling a total of 51,63,559 units during April 2017 to January 2018.
"With almost 50 per cent of two-wheeler demand coming from rural and semi-urban India, Budget 2018 should have a positive impact on customer sentiments," HMSI Senior Vice President - Sales and Marketing Yadvinder Singh Guleria said.

Exports during the month grew 36 per cent to 28,923 units as against 21,341 units in January 2017.