Honda has a goal to produce 20 million two-wheelers by 2020

We all know that the automotive market is performing at its best at the moment. While the country is on an expansion, it is evident to see growth and evolution in most of the spheres here. The capacity to earn good and spend on better and greater things in life is almost evident, so the brands and makers, companies and the several industries are trying hard to make their mark and achieve their goals, with the flow if this evolution here in India. Today we talk about one such renowned brand name Honda, who has realized its potential and the demand in the market, while planning to produce around 20 million products by the year 2020. Honda is quite confident and optimistic about rolling out a volume of 20 million two-wheelers by the year 2020. The brand also quotes the Indian market would be the pioneers carrying a share of 7-8 million units.

At the moment, Honda two-wheelers have acquired a sales mark of 17.5 million units worldwide. Accomplishing a sales milestone of 20 million is just within its reach, owing to the markets being evolved, now matured enough and rapidly developing. The manufacturer mulls over India being the most imperative and the biggest name in the developing markets along with others like Myanmar, Bangladesh and Pakistan. Honda also has faith in India being the number one market for the brand. Going by this strategy, the brand would endure to work upon producing volumes in the country. Other than this they would also work towards enhancing their business image amid the youth of our country. Honda considers that the scooter market has expanded greatly in the country, but the motorcycle sections still requires something exciting enough to enhance the demands. All the same, the route the Indian market has taken towards growth and evolution, the brand has faith that it wouldn’t be tough to leave Indonesia behind, while the numbers are concerned