India's 2-wheeler sales may cross 2-mn mark within 5 years: HMSI CEO

HMSI's sales increased from 1.23 million units in April-August period last year to 1.82 million units in the corresponding period this year

The two wheeler sales is expected to cross the 2 million-mark, which was achieved in 2017-18, in India within the next five years, said Atsushi Ogata, CEO & MD, Honda Motorcycle and Scooter India (HMSI) on Thursday.

India recorded sales of 20,192,672 units of two wheelers in 2017-18, with HMSI’s contribution standing at number one position with 22.23 per cent share, according to data of Society of Indian Automobile Manufacturers (SIAM).

In April-August period of the current financial year, India recorded sales of 6,663,265 two wheeler units, which was 17.11 per cent lower when compared to the corresponding period in