Auto giant Honda said on Monday that they are planning to launch low cost 100cc bike in India in q1 next year. As Honda had exited Hero-Honda JV they are planning to add 100cc bikes in Indian market. Honda is willing to invest heavily in India to enhance its manufacturing capicity as well.
Mr. Shinji Aoyama, outgoing president and Chief Executive Officer of Honda Motorcycle and Scooter India Pvt Ltd, a wholly owned subsidiary of Honda Motor said to reporters, "Until now we had not entered the mass segment because of the joint venture. Now we can. From next year we plan to introduce a mass segment motorcycle in 100cc category in India."
Currently Hero Honda and Bajaj are big players in 100cc bikes market specially Hero Honda gets good business because of their reliability. Honda is planning to become largest bike maker in India by 2020.
By: Jack Dawson
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