Overview
- Honda Motorcycle & Scooter India’s Q1 FY26 sales dropped 13.1% to 1.23 million units due to monsoon-driven seasonality, with a festive-season rebound expected
- HMSI holds 27% of India’s two-wheeler market—second behind Hero MotoCorp—and is aiming for a 30% share by 2030
- The company plans to establish an electric two-wheeler plant in India by 2028 and launch 30 electric models globally by 2030 to reach 4 million annual EV sales
- Female riders currently make up around 10% of India’s two-wheeler market, presenting a significant opportunity that Honda is addressing with targeted products and outreach
- Honda is expanding its Big Wing network with about 70 additional stores planned by the end of FY26 to bolster its midsize and premium motorcycle presence