While Hero Honda is turning towards scooter segment, Honda Motorcycle &Scooter India is strengthening its base in bike segments by adding two more launches in the next fiscal. The company looks for reaching 15 lakh mark in 2010-11(8lakh scooters and 7 lakh bikes)by increasing the production and labor force in Manesar plant. The range and price are yet to be revealed.
HMSI fetched a sale of 10.7 lakh units in 2008-09 which may increase to 12.5lakh units this fiscal. Though the company enjoys 50% share in the Indian scooter market there will be no new launches in the near future. To achieve 12.2lakh units in the next fiscal the company it aims to push 2.2lakh units.