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Japanese automaker Honda is aiming to amass 30% market share within the Indian two-wheeler market by the yr 2030 amid its plans to realize half of world gross sales in the long run, reported the information company PTICITING TSUTSUUMU OTHANI, THE PRESIDENT OF Honda Motorbike & Scooter India, on Sunday, 20 July 2025.
“Contemplating the Indian market measurement, we need to obtain 30 per cent share in India by 2030,” he mentioned in an interview with the information company.
Honda Motorbike & Scooter India, the Indian arm of the Japanese automaker, expects an enormous development potential among the many nation’s feminine buyer phase, which at the moment accounts for 10% of the overall business gross sales, based on the company report, citing Otani. Honda’s expectation comes as the corporate expects girls’s empowerment to drive the growing variety of girls within the workforce.
“In India, the general two-wheeler utilization is generally male, with 90 per cent, and females simply round 10 per cent. It means the potential for two-wheeler gross sales to develop among the many feminine clients is big,” Otani advised the information company.
Otani additionally reportedly emphasised that the corporate is eyeing a shift from the inner combustion engine (ICE) to electrical autos (EVs) within the two-wheeler phase in the long term; nevertheless, the bottlenecks as a result of charging infrastructure and electrical energy provides are a significant hindrance.
Honda’s market share
Based on the company report, the Japanese two-wheeler maker goals to amass 30% of the Indian market’s market share. The corporate at the moment holds a 27% market share in India.
Otani mentioned the automaker has greater than 80% market share within the Affiliation of Southeast Asian Nations (ASEAN) area. The corporate additionally projected in January 2025 that world two-wheeler gross sales, together with electrical autos, would develop to 60 million by the yr 2030.
Honda additionally targets to amass 50% market share of the worldwide two-wheeler market in the long run, together with within the EV motorbike phase.
The company report additionally cited the Federation of Car Sellers Associations (PALACE) information, which highlighted that India’s whole two-wheeler retail gross sales had been at 1,88,77,812 or greater than 1.88 crore models as of the monetary yr ended 2025, in comparison with 1,75,27,115 or over 1.75 crore models within the FY2023-24 fiscal yr.
Honda India Gross sales
Honda’s India retail gross sales for the monetary yr 2024-25 had been at 47,89,283 models, in comparison with their 40,93,895 unit ranges on the finish of the 2023-24 fiscal yr, based on the company report. Honda marked its place because the second-largest two-wheeler producer in India after Hero MotoCorp.
The corporate earlier introduced its plans to launch 30 electrical motorbike fashions globally by 2030, with the aim of accelerating its annual EV motorbike gross sales to 4 million.
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