With sales of close to 146,073 units for the month of June, HMSI has displaced TVS Motors to become the third largest two-wheeler maker in the Indian market.
Already leader in the automatic scooter segment, HMSI has been eying the third largest pot for a very long time and the company has been able to get its grip right for the first time in the last month.
It is to be mentioned here that the company posted a recorded growth of 41.5 per cent for the month of June, which was way up as compared to sales of 103,209 units for the same month a year earlier.
Tags: India Share market, India Shares
Country top two-wheeler maker Honda Motorcycle and Scooter India (HMSI) has introduced entry-level bike in the market but declined to usher in a direct completion with Hero Honda, the leaders of the entry-level bike segment.
