Honda India announces price cut on two wheelers

Honda Motorcycle and Scooter India has announced that they are reducing the prices of their models with the excise duty cut announced in the Union Budget.

This comes despite the fact that the automakers in the country are demanding more cuts from the Indian government.

The company said that they are cutting the prices across its motorcycle and scooter models by Rs.800-Rs.1600.

Shinji Aoyama, President and Chief Executive Officer added: “Our target for next fiscal is one million units with a sales mix of 700,000 scooters and 300,000 motorcycles.”

Honda India has just launched their latest scooter model named Aviator. They are aiming to sell 100,000 units of Aviator next fiscal.