Archive · 20 Jul 2025
Honda Targets 30% of India's Two-Wheeler Market by 2030
Honda, a motorcycle company, wants to sell a lot more bikes in India.
They currently have about 27% of the market and want to reach 30% by 2030.
They think more women will buy bikes in the future.
They are also planning to sell electric bikes, but need to solve the issue of charging stations first.
They are the second-largest two-wheeler maker in India.
Honda aims to capture 30% of India's two-wheeler market share by 2030.
The company currently holds a 27% market share in India.
Honda sees huge growth potential in the female customer segment.
The company is eyeing a shift from ICE to EVs in the long run.
Honda's India retail sales for FY2024-25 were 47,89,283 units.
- Who
- Honda Motorcycle & Scooter India.
- What
- Honda aims to increase its market share in India's two-wheeler market.
- When
- By 2030.
- Where
- India.
- Why
- To expand its market presence and capitalize on growth opportunities.
- Target Market Share
- 30% by 2030
- Current Market Share
- 27%
- FY2024-25 Sales
- 47,89,283 units
- Focus Area
- Female customer segment
- Global Two-Wheeler Sales Target
- 60 million by 2030