Along with the recommended range of colours, Nippon Paint will also supply best in quality ancillary products that are critical for the repair process to HMSI
Senior Vice President - Sales and Marketing Yadvinder Singh Guleria said, "Over the years, love and trust of customers for Honda scooters have kept growing and taking this motivation ahead, Honda firmly aims to lead the next wave of scooterisation which has already started in tier-II and tier-III towns." HMSI
, which is a leader in scooter segment with a market share of around 57 percent, sells a range of scooters including Cliq, Activa and Grazia.
The reduced prices effective from July 1, HMSI
Senior Vice- President, sales and marketing, Yadvinder Singh Guleria said.
Under him, HMSI
has grown at double the industry rate.
According to HMSI
, the plant has an optimum capacity of 3,000 units a day.
's plants in Haryana, Rajasthan and Karnataka produce 1.6 million, 1.2 million and 1.8 million units, respectively.
Guleria, VP, sales & marketing, HMSI
said: "We are excited that Honda Activa has once again become the highest selling two-wheeler of India in March'14 after Sept'13.
Lumax is to supply plastic moulded parts for various models of HMSI
to be manufactured at its third facility in Bangalore which includes Activa Scooters (110cc) and Dream Yuga motorcycle (110 cc).
Nevertheless, the firm is susceptible to risks related to low bargaining power with its principal, HMSI
, that weigh on the rating.
decided to double the annual production capacity of this plant to 1.2 million units in March 2012.
BASF Coatings in India has received three supplier awards from Tata Motors, Mahindra & Mahindra and Honda Motorcycle and Scooter India (HMSI
), Honda's wholly-owned motorcycle production and sales subsidiary in India, announced plans to build a second motorcycle production plant to meet increasing demand in the rapidly growing motorcycle market in India.