Activa, Shine and More Help HMSI Clock 81% YoY Domestic Sales Growth in March 2024
India, April 5 -- Honda Motorcycle & Scooter India (HMSI) has disclosed its sales figures for March 2024. The company posted total sales of 3,86,455 units, marking an 82 per cent year-over-year increase. Of the total units, domestic sales stood at 3,58,151 units and exports at 28,304 units. The former recorded an 81% year-over-year growth in March FY2024, while the latter grew 95 per cent over the corresponding period of FY2023. For the financial year 2023-24, HMSI reported total sales of 48,93,522 units, up from 43,50,943 units retailed in the financial year 2022-23.
HMSI's overall growth can be attributed primarily to the Activa, the company's bestselling scooter. Within a year after it sold more than 3 crore units of the Activa in the...
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