Indonesia has become a major market for Honda is India
Recently, the sales of motorcycles and scooters in India has fallen slightly, which is associated not only with the coronavirus, but also with the decline of the economy. While the pandemic continues to keep the Indian economy, manufacturers are cautiously open factories — will take time to reach previous levels.
In Indonesia, the sale of motor vehicles did not grow the last few years, but the decline was insignificant, allowing the country to become a key market for Honda. Over the past fiscal year the Japanese sold 4.7 million units of motorcycles in India and 4.85 million vehicles in Indonesia.
A new standard of harmful exhaust BS-6 in India is one of the other reasons for the downturn, as producers have a little to increase the value, increasing the amount of insurance, which, of course, has a negative impact on sales. In the manual Honda are optimistic. Vice-President, Honda Motorcycle & Scooter India (HMSI) Us Guleria said: “More than 40% of all who asked about our products, interested in buying”.
By mid-may, just a week after the weakening of the quarantine, the company immediately HMSI has sold more than 10,000 units of motorcycles, while work began only 1,200 of 6,200 dierctv. May 25, HMSI again opened its first factory in India, the other three will launch in early June.