Site icon Adarsh News

Honda plans to capture 30% of the two-wheeler market in India by the year 2030.

Japanese automaker Honda is aiming to acquire 30% market share in the Indian two-wheeler market by the year 2030 amid its plans to achieve half of global sales in the long term, reported the news agency PTI, citing Tsutsumu Otani, the President of Honda Motorcycle & Scooter India, on Sunday, 20 July 2025.“Considering the Indian market size, we want to achieve 30 per cent share in India by 2030,” he said in an interview with the news agency. Also Read | June bonanza: Honda announces new offers on City, Elevate and AmazeHonda Motorcycle & Scooter India, the Indian arm of the Japanese automaker, expects a huge growth potential among the nation’s female customer segment, which currently accounts for 10% of the total industry sales, according to the agency report, citing Otani. Honda’s expectation comes as the company expects women’s empowerment to drive the increasing number of women in the workforce.“In India, the overall two-wheeler usage is mostly male, with 90 per cent, and females just around 10 per cent. It means the potential for two-wheeler sales to grow among the female customers is huge,” Otani told the news agency.Otani also reportedly emphasised that the company is eyeing a shift from the internal combustion engine (ICE) to electric vehicles (EVs) in the two-wheeler segment in the long run; however, the bottlenecks due to the charging infrastructure and electricity supplies are a major hindrance. Also Read | Kawasaki Eliminator 500 vs Honda Rebel 500: Which 500 cc bike should you buy?Honda’s market shareAccording to the agency report, the Japanese two-wheeler maker aims to acquire 30% of the Indian market’s market share. The company currently holds a 27% market share in India.Otani said the automaker has more than 80% market share in the Association of Southeast Asian Nations (ASEAN) region. The company also projected in January 2025 that global two-wheeler sales, including electric vehicles, would grow to 60 million by the year 2030.Honda also targets to acquire 50% market share of the global two-wheeler market in the long term, including in the EV motorcycle segment. Also Read | Meet the Honda X-ADV 750: A maxi-scooter with adventure bike DNAThe agency report also cited the Federation of Automobile Dealers Associations (FADA) data, which highlighted that India’s total two-wheeler retail sales were at 1,88,77,812 or more than 1.88 crore units as of the financial year ended 2025, compared to 1,75,27,115 or over 1.75 crore units in the FY2023-24 fiscal year.Honda India SalesHonda’s India retail sales for the financial year 2024-25 were at 47,89,283 units, compared to their 40,93,895 unit levels at the end of the 2023-24 fiscal year, according to the agency report. Honda marked its position as the second-largest two-wheeler manufacturer in India after Hero MotoCorp.The company earlier announced its plans to launch 30 electric motorcycle models globally by 2030, with the goal of increasing its annual EV motorcycle sales to in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone. 

Exit mobile version