Honda aims to acquire 30% market share in India’s two-wheeler market by 2030

Japanese automobile manufacturer Honda aims to get 30% market share in the Indian two -wheel market by 2030. PTIOn Sunday, July 20, 2025, Honda Motorcycle & Scooter India President Tsutsumu referred to Austani.

In an interview with the news agency, “Considering the market size of India, we want to get a 30 percent share in India until 2030,” he said.

According to the agency report, Honda Motorcycle & Scooter India, the Indian branch of the Japanese automobile manufacturer, is waiting for a major growth potential between the female customer segment of the country, which currently accounts for 10% of the total industry sales. Honda’s expectation comes because the company expects the strengthening of women to direct the increasing number of women in the labor force.

“In India, Otani said, the general two -wheeled use is mostly 90 percent to 90 percent and only 10 percent of women.

Otani also stressed that the company followed a shift from the internal combustion engine (ICE) electric vehicles (homes) in the long term; However, bottlenecks are a major obstacle due to charging infrastructure and electrical materials.

Honda’s market share

According to the agency report, the Japanese two -wheel manufacturer aims to get 30% of the market share of the Indian market. The company currently has 27% market share in India.

Autani said that the automobile manufacturer has more than 80% market share in the Southeast Asian Nations Union (ASEAN) region. The company also foresees that global two -wheeled sales, including electric vehicles in January 2025, would increase to 60 million by 2030.

Honda also aims to get a 50% market share of the global two -wheel market in the long run, including the home motorcycle segment.

The agency report also stated that India’s total two-wheeled retail sales are 1.88,77,812 or 1.88 CRORE unit compared to 2025 or 1.75,27.812 or 1.88 CRORE unit is over 1.75,23-24.

Honda Indian sales

According to the agency report, Honda’s retail sales for 2024-25 financial years were 47.89.283 units as 2024-25.283 units at the end of the financial year of 2023-24. Honda marked his position as the second largest two -wheel drive manufacturer in India after Hero Motocorp.

The company previously announced its plans to launch 30 electric motorcycle models globally by 2030 to increase annual home motorcycle sales to 4 million.