Honda to launch 100-cc motorcycle

Honda Motorcycle and Scooter India (HMSI) plans to launch a 100-cc motorcycle priced around Rs 45,000 next financial year.

“We will showcase a 100-cc bike at the Auto Expo in January and launch it next fiscal,” HMSI VP-Sales and Marketing, Mr N. K. Rattan told Business Line on the sidelines of the SIAM annual summit here on Wednesday.

The company will also launch a new scooter by the end of this fiscal, Mr Rattan said. The scooter will be 100 per cent localised, though product development will take place in Japan.

At present, HMSI sells motorcycles like Unicorn and Shine and scooters such as Activa, Deo and Aviater.

Besides introducing new products, the company is also ramping up its dealership network. At present, it has 1,220 outlets and plans to add another 300 by next fiscal.

HMSI sold 16.58 lakh units in 2010-11 and is targeting sales of 21 lakh units this fiscal.