{"id":10321,"date":"2010-02-11T10:50:59","date_gmt":"2010-02-11T05:20:59","guid":{"rendered":"http:\/\/www.vicky.in\/blog\/?p=10321"},"modified":"2018-02-28T13:58:58","modified_gmt":"2018-02-28T08:28:58","slug":"honda-to-extend-its-presence-in-india","status":"publish","type":"post","link":"https:\/\/www.vicky.in\/blog\/honda-to-extend-its-presence-in-india\/","title":{"rendered":"Honda to extend its presence in India"},"content":{"rendered":"<p><a href=\"http:\/\/www.vicky.in\/bike\/honda\/\">Honda Motor<\/a> Corp is planning for an all out presence in the Indian market as there is 20% annual growth in the two wheeler industry. For two wheeler sale-scooters and bikes- , India stands as the second largest market with an annual sale steeping to 8 million units compared to 15 million units in China.<\/p>\n<p> Honda set a target of 1.25 million scooters and bikes for the FY 2009-10 which may be increased to 1.5 million units for FY 2010-11. As a result the company is making a local study about the installation of a second plant, said its President and CEO. The projected  capacity of the company for 2010-11 is 1.5 million units. By possessing 13% of the market share, the company seeks to explore all possibilities to boost the sale volume, said the company\u2019s head for sales and marketing.<\/p>\n<p>The combined sale of Honda Motor and Hero Honda is expected to cross 4 million units this year. In 2009 December, the two wheeler segment saw a new entrant from Honda, a bike under 100cc to counter Hero Honda. It is to be noted that Honda does possess 26% and Hero Honda has got 29% in the Hero Honda company. The anticipated sale for 2010-11 by Honda motorcycle is an increase of 20% thanks to 110cc <a href=\"http:\/\/www.vicky.in\/bike\/summary\/hondamotorcycle\/cbtwister\/\">CB Twister<\/a> bike juxtaposing <a href=\"http:\/\/www.vicky.in\/bike\/summary\/herohonda\/passionplus_alloy\/\">Hero Honda\u2019s Passion<\/a> and <a href=\"http:\/\/www.vicky.in\/bike\/summary\/herohonda\/splendorplus_alloy\/\">Splendor<\/a> and <a href=\"http:\/\/www.vicky.in\/bike\/summary\/bajaj\/discover135dtsi_disc_self\/\">Bajaj\u2019s Discover DTSi<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Honda Motor Corp is planning for an all out presence in the Indian market as there is 20% annual growth in the two wheeler industry. For two wheeler sale-scooters and bikes- , India stands as the second largest market with an annual sale steeping to 8 million units compared to 15 million units in China. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.vicky.in\/blog\/honda-to-extend-its-presence-in-india\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Honda to extend its presence in India&#8221;<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[22],"tags":[3433,236,2312,3484,3485,59,3483,157],"_links":{"self":[{"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/posts\/10321"}],"collection":[{"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/comments?post=10321"}],"version-history":[{"count":3,"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/posts\/10321\/revisions"}],"predecessor-version":[{"id":25177,"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/posts\/10321\/revisions\/25177"}],"wp:attachment":[{"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/media?parent=10321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/categories?post=10321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vicky.in\/blog\/wp-json\/wp\/v2\/tags?post=10321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}