Buoyed by huge demand, Honda to double production of Navi - News Summed Up

Buoyed by huge demand, Honda to double production of Navi


MUMBAI: Surprised by the huge response to its 'by India, for India' bike Navi launched this April, Honda Motorcycle and Scooter India (HMSI) is planning to double its production to around 1 lakh units soon. Testing the market for a very stripped-down model with the Navi, which was fully planned, designed, and produced for the local market, Honda had expected to sell only round 2,000 units a month in the first year. But it has already got huge backlog, and therefore, the plan to double the output. With the Navi or 'New additional value for India,' Honda has truly disrupted the domestic two-wheeler market as it has created an entirely new segment of fun riding, he said. Navi is powered by a 110-cc Honda HET engine with automatic transmission and is the first 100 per cent Honda India R&D -- from concept development to commercial production.


Source: Economic Times October 23, 2016 11:37 UTC



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