Honda Motorcycle and Scooter India (HMSI) announced on Thursday that it intends to launch multiple electric models, enter the entry-level 100 cc bike segment, and increase exports as part of the future business roadmap in the country.
The company intends to expand its Manesar-based manufacturing facility as a global hub for overseas shipments.
The Japanese automaker is also actively developing fuel-efficient products and is planning a phase-wise development and integration of flexible fuel technology in its model range.
"HMSI will broaden its horizons in India further by leveraging Honda''s global expertise," said the president and CEO of the HMSI website.
Adding that a stalled implementation of flex fuel technology and a variety of alternate EV models in the future will lead to an exciting journey.
While leveraging support from Honda''s other countries, the EV launch will take place. Currently, the company is in a feasibility study stage for planning the EV model line up and developing the whole ecosystem in India.
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"The company intends to enter the low-end motorcycle segment while simultaneously consolidating its new fun models'''' business in the domestic market," Ogata said.
Parallelly, the company wants to serve more developed countries from India, according to the author. HMSI currently exports to 40 countries.
"We anticipate a sustained market recovery on a lower base of last fiscal," said HMSI Director (Sales and Marketing) Yadvinder Singh Guleria.
HMSI is currently expanding its range from four manufacturing factories, including Manesar in Haryana, Tapukara in Rajasthan, Narsapura in Karnataka, and Vithalapur in Gujarat.