Honda Automobiles India Ltd on Monday reported a 6 per cent enhance in wholesales within the home market at 7,071 models in March. The corporate had shipped 6,692 models within the home market in March 2023, Honda Automobiles India Ltd (HCIL) mentioned in a press release.
Exports surged over two-fold to six,860 models final month as in opposition to 3,189 models in the identical month final 12 months, it added. For 2023-24 fiscal, the automaker bought 1,24,173 models, together with home and exports, compared to 1,14,140 models recorded in FY 22-23.
“The 12 months 2023-24 has been an necessary 12 months for the corporate as we marked a robust entry into the booming SUV section with the Elevate, which has obtained an amazing response from prospects nationwide,” Honda Automobiles India Vice President Advertising & Gross sales Kunal Behl mentioned.
The Elevate has turn out to be a robust enterprise pillar contributing considerably to the corporate’s home gross sales and strengthening exports by addition of latest vacation spot Japan, he added.