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Honda To Build World's Largest Scooter Plant In Gujarat

In response to increasing demand in the scooter segment in India and to maintain its stronghold in the market, Honda will build the world’s largest scooter assembly plant in Gujarat. This plant will have the capacity to produce 12 lakh units of scooters annually. 

This is Honda’s 4th factory in India with existing factories located at Manesar, Tapukara and Narsapura. Honda’s most successful scooter Activa still continues to have a significant waiting period and due to this Honda has lost potential customers to others.

The scooter market has seen positive growth in recent months with growth rate of 29% in the current financial year. Honda is currently the market leader in scooters with a dominating 53% market share.

The overall two-wheeler market has seen a positive growth in sales for the month of July. Bajaj Auto reported 9% increase in sales for July month-on-month. TVS Motors posted 32.15% jump in sales and even Royal Enfield sales went up 79.99% in July. The big fish Hero Moto Corp too posted 8.67% increase in sales for the same month of July. 

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