Honda Cars India expects to better industry growth

Kolkata: Japanese car maker Honda is expecting to better industry growth in the current financial year with the launch of three models during the period.

In the last financial year, the company sold more than 1.70 lakh units and registered a growth of eight per cent.

"The industry is expected to grow at a rate of seven to eight per cent this fiscal. We expect to do better than the industry", Sr VP (marketing and sales) and director of Honda Cars India Rajesh Goel said.

Launching the new Amaze sedan here today, Goel said that the company plans to launch new models of Honda CRV and Honda Civic in the country in this fiscal.

He said that Honda was committed to the Indian market, adding that India's contribution to the Asia and Oceania regions was 23 per cent.

"The launch of new models will spur the growth of company in India", he said.

The company exports cars from India in a limited way to Bhutan, Sri Lanka, Bangladesh and few countries in South Africa.