Honda India power products announced my admission today outboard Business with its four-stroke engine range in India from April 2022.
The brand will introduce four stroke Marine Outboard Motors Range for boat operators engaged in maritime border protection, commercial fishing and taxi boat services. These four-stroke motors will be available for Rs 1.8 lakh for 6 hp and Rs 23 lakh for 250 hp.
The marine industry is expected to grow in size to Rs 1,400 crore and Honda India Power aims to capture 10% market share in the four-stroke market in the first three years, the company said.
With India having a coastline of more than 8,000 km, Honda India Power sees huge market potential in the coastal regions like Kerala, Goa and Andaman.
Commenting on the launch, Takahiro Ueda, Chairman and Managing Director, Honda India Power Products Limited, said, “We are pleased to announce today the launch of the Honda 4-Stroke Marine Outboard Motors range for boat operators and various government agencies. Glad to do. Marine security, Coast Guard, taxi boat services for passengers and tourists, and fishermen engaged in commercial fishing in sea and inland river systems.
He said, “Honda 4-Stroke OBMs offer unmatched performance, durability, fuel efficiency and eco-friendly solutions and have been the preferred choice of customers across the globe. Today’s announcement was made in India for power back-up, agriculture, construction and now , reaffirms our 36-year legacy of offering a well-diversified product range of power products catering to the marine segment.”
With a production facility in Greater Noida, hip Manufactures water pumps, portable generators and engines, and has an annual capacity of 3.5 lakh units.
The brand will introduce four stroke Marine Outboard Motors Range for boat operators engaged in maritime border protection, commercial fishing and taxi boat services. These four-stroke motors will be available for Rs 1.8 lakh for 6 hp and Rs 23 lakh for 250 hp.
The marine industry is expected to grow in size to Rs 1,400 crore and Honda India Power aims to capture 10% market share in the four-stroke market in the first three years, the company said.
With India having a coastline of more than 8,000 km, Honda India Power sees huge market potential in the coastal regions like Kerala, Goa and Andaman.
Commenting on the launch, Takahiro Ueda, Chairman and Managing Director, Honda India Power Products Limited, said, “We are pleased to announce today the launch of the Honda 4-Stroke Marine Outboard Motors range for boat operators and various government agencies. Glad to do. Marine security, Coast Guard, taxi boat services for passengers and tourists, and fishermen engaged in commercial fishing in sea and inland river systems.
He said, “Honda 4-Stroke OBMs offer unmatched performance, durability, fuel efficiency and eco-friendly solutions and have been the preferred choice of customers across the globe. Today’s announcement was made in India for power back-up, agriculture, construction and now , reaffirms our 36-year legacy of offering a well-diversified product range of power products catering to the marine segment.”
With a production facility in Greater Noida, hip Manufactures water pumps, portable generators and engines, and has an annual capacity of 3.5 lakh units.