HMSI 125cc motorcycle sales cross 30 lakh in East India

Online Bureau Online Bureau | 05-17 00:20

HMSI dominates the 125cc motorcycle segment in East India, which includes the states of Bihar, Jharkhand, West Bengal, Odisha and North-East India, with a market share of 41.5% in FY24.
New Delhi: Honda Motorcycle and Scooter India (HMSI), a leading manufacturer of two-wheelers in the country, announced Honda’s 125cc motorcycles, Shine 125 and SP125, have crossed over 30 lakh customers in Eastern India.

HMSI dominates the 125cc motorcycle segment in East India, which includes the states of Bihar, Jharkhand, West Bengal, Odisha and North-East India, with a market share of 41.5% in FY24. Bihar is the highest state for HMSI with 35% contribution to 125cc motorcycle sales in the Eastern region, the company said in a media release.

Yogesh Mathur, Director, Sales & Marketing, Honda Motorcycle & Scooter India, said, “We are thrilled to celebrate the significant milestone of 30 lakh sales for the Shine 125 and SP125 in East India. At HMSI, we are proud of our 125cc motorcycles’ enduring success story in the fiercely competitive segment. They have truly become the trusted companion for Indian families. We thank our valued customers for their trust and are committed to continuously exceeding customer expectations by offering best-in-class products.”

Delighting customers with advanced features, stylish design, and superior technology, the Shine 125 and SP125 are the preferred choice of customers in the 125cc segment. Also, thanks to rapid urbanization and customers becoming tech-savvy, the sales of SP125 have more than doubled in the last 5 years in the region. Further amplifying the customer’s trust in the brand is Honda’s superior sales & service network. HMSI has over 1,100 touchpoints in the Eastern states of India, the release added.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

Hyundai Motor India lists with record IPO, commits to Indian market with new tech and EV plans

As part of its effort to introduce clean mobility solutions for Indian buyers, Hyundai will launch f...

auto | 5 hours ago

Skoda Auto Volkswagen India plants over 7 lakh trees in Maharashtra for ecological restoration

Additionally, SAVWIPL has installed 18.5 MWp of rooftop solar power at its Chakan facility, which of...

auto | 5 hours ago

Mega Corporation launches Lendingo to enhance EV financing solutions

Mega Corporation on Monday announced the launch of a new division, Lendingo. Mega Corporation on Mon...

auto | 5 hours ago

GreenLine accelerates decarbonisation efforts with 1,000 LNG trucks by March 2025

The government in a recent draft policy proposed to convert a third of long-haul trucks into LNG pow...

auto | 5 hours ago

Remsons Industries acquires 51% stake in BEE Lighting to enhance automotive lighting solutions

Established in 2006, BEE Lighting specialises in automotive headlamps, rear lamps, and various exter...

auto | 5 hours ago

EV Recharge partners with ZEVO for mobile EV charging solutions

EV Recharge’s technology can charge vehicles from 0% to 80% in just 20 minutes, a significant improv...

auto | 5 hours ago