Honda Motor

Honda Motor Co. is doubling down on its commitment to India, identifying the country as a cornerstone of its global growth agenda. With India’s two-wheeler market expanding rapidly and consumer preferences shifting toward advanced mobility solutions, Honda aims to boost its market share from 27% to 30% by 2030. The Japanese automaker plans to deepen localisation, enhance exports, and expand production capacity through significant capital investments. Simultaneously, it is laying the groundwork for electric mobility, even as it continues to drive strong sales in traditional segments.

Automakers Honda and Jeep India have announced price reductions across select models following the government’s decision to lower Goods and Services Tax (GST) rates on automobiles. The move is expected to stimulate demand in a market that has recently been grappling with cost pressures and slowing consumer sentiment. By passing on the benefits of the tax cut to buyers, the companies aim to enhance affordability, attract new customers, and provide momentum to the passenger vehicle segment, which is a vital contributor to India’s manufacturing and employment landscape.

Honda Motor Co. Ltd. is intensifying its efforts to secure the number one position in India's highly competitive two-wheeler market. The company, which has a long history in India through its wholly-owned arm, Honda Motorcycle and Scooter India (HMSI), is now focusing on expanding its footprint with a diverse range of products, including electric vehicles (EVs), scooters, and motorcycles.