Honda Vehicles India Ltd on Monday reported a 6 per cent enhance in wholesales within the home market at 7,071 items in March. The corporate had shipped 6,692 items within the home market in March 2023, Honda Vehicles India Ltd (HCIL) mentioned in a press release.
Exports surged over two-fold to six,860 items final month as towards 3,189 items in the identical month final yr, it added. For 2023-24 fiscal, the automaker offered 1,24,173 items, together with home and exports, compared to 1,14,140 items recorded in FY 22-23.
“The yr 2023-24 has been an essential yr for the corporate as we marked a robust entry into the booming SUV section with the Elevate, which has acquired an awesome response from clients nationwide,” Honda Vehicles India Vice President Advertising & Gross sales Kunal Behl mentioned.
The Elevate has change into 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.