Honda Reveals Their Plans For India — To Launch All-New Product

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Honda Motorcycle and Scooter India (HMSI) has announced its plans for the financial year 2018/19. Honda has also revealed its product strategy for the Indian market in the current fiscal year.

Honda India Plans For 2018-19 Revealed — To Launch All-New Product

Honda has also stated that the company will launch an all-new two-wheeler and 18 upgraded models for the current lineup. After witnessing 22 percent growth in the previous financial year, Honda is aiming for a double-digit growth for the third consecutive year.

Honda India Plans For 2018-19 Revealed — To Launch All-New Product

Honda will also invest Rs 800 crore in the current fiscal and plans to expand to 6,000 touchpoints. The Japanese company will also introduce a customer loyalty program called as Honda Joy Club. The Honda Best Deal Network will be expanded to 250 touch points.

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    Honda India Plans For 2018-19 Revealed — To Launch All-New Product

    President and CEO of HMSI, Minoru Kato said, "India is already the number one contributor to Honda's global two-wheeler business. Our record sales have set a solid foundation in 2017-18 and Honda 2wheelers India will further consolidate its position in 2018-19 as we get ready to lead the biggest paradigm shift of 2020."

    Honda India Plans For 2018-19 Revealed — To Launch All-New Product

    Honda is also getting ready for 2020 and has already started working on improving quality and product planning ahead of the BS-VI implementation. Internally, the company has commenced modernisation of production across all the plants.

    Honda India Plans For 2018-19 Revealed — To Launch All-New Product

    In 2019, Honda could introduce the all-new CBR250RR which was expected to be launched this year. And talking about the all-new product, it could be a premium 125cc commuter targeting the mass market in the country.

    Honda India Plans For 2018-19 Revealed — To Launch All-New Product

    Thoughts On Honda's Plans For India

    Honda has been a dominant player in the Indian market with its popular products such as the recently launched Grazia, Activa, CB Hornet 160R and the new X-Blade. Now, Honda has announced its plans for 2018-19. The good news is that the company will launch an all-new product in the country.

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