Honda 2Wheelers achieves a new high in exports business Expands to European market with SP125 CKD kits
New Delhi, 22 October, 2020: Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) announced the exports of its next generation 125cc, advanced & stylish motorcycle – SP125 to Europe. The motorcycle is exported via the CKD route.
Speaking on this achievement Mr. Atsushi Ogata, Managing Director, President & CEO, Honda Motorcycle & Scooter India Pvt. Ltd. said, “The transition from BSIV to BSVI was a challenging phase for Indian automobile industry. Honda 2Wheelers India converted this challenge into opportunity to export to advanced countries and have started exporting CKD kits of our 125cc Motorcycle SP125 to Europe. This is a testimony of our superior quality and technology as well as commitment to expand our global footprint. We are looking forward to expand to many new markets in future.”
Consignments carrying over 2000 CKD kits of its next generation 125 cc Motorcycle – SP125 to Europe have been dispatched since August 2020.
Its noteworthy that SP125 was the first BSVI motorcycle launched by Honda in India last year (November 2019). Powered by 19 new patent applications, the brand new SP125 BSVI has a completely new 125cc HET engine with eSP technology that delivers 16% more mileage and packs in punch with as many as 9 segment first technology & features in SP125 (full digital meter, distance to empty, average fuel efficiency, real-time fuel efficiency, LED DC headlamp, Engine Start/Stop switch, Integrated headlamp beam/Passing switch, Eco Indicator, Gear Position Indicator).
SP125 BSVI is currently being manufactured at Honda 2Wheelers, Tapukara Plant in Rajasthan.
Exporting Around the World
Honda 2Wheelers India started exports from India in 2001 with its debut model Activa.
Currently, Honda delights over 25 lac customers with its export portfolio of 18 two-wheeler models in 25 diverse export markets led by Asia, Middle East and Latin America.