Honda has rolled out its first 250cc sports bike in India.HMSI believe that despite of the sharp increase in the interest rates,its sales volume can grow up to 20-25 percent.
At the launching ceremony of CBR250R,the Company head sales,Mr.N.K Rattan quoted that they sold 16.85 lakh units in February 2011. In the current fiscal, they plan to increase it to 21 lakh units. They will continue to grow faster than industry. The turnover is also expected to jump to Rs.7,500 crores this year.He added that they invested Rs.500 crores in the second plant so far and plan to sell 30,000 units in India and export 10,000 units.
The new sports bike has been priced in the range of Rs.1.46 lakhs to Rs.1.71 lakhs in the ex-showroom Kolkata.The company in order to increase its production sales and to meet the growing demand has planned to begin its production from the second half of this year in its second plant at Rajasthan.The new plant has a capacity of producing six lakh units per year in the first phase.