"Dream Neo is Honda's next big leap towards creating
deep inroads into the Indian
commuter segment. We are confident of demand for Honda two
wheelers and eye 43 per cent growth with 39.3 lakh unit sales this
fiscal," Honda Motorcycle & Scooter India Ltd (HMSI) Vice President
for Sales and Marketing Y S Guleria said at the launch.
Backed by the new product launches and network
expansion, Honda aims to grow over 150 per cent in 100-110cc motorcycle segment
year-on-year, he said HMSI will be
expanding its sales outlets to about 2,500 by end of this fiscal from 1,950 in
the previous fiscal.
Developed specifically for the Indian customers,
the new entry-level 'Dream' series motorcycle is powered by a 110 cc engine and
the company claims that it will give a mileage of 74 kilometer per liter of
petrol.
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