HMSI sales up 41% in November at 4,60,017 units

Honda Motorcycle and Scooter India (HMSI) reported 41% increase in total sales at 4,60,017 units in November.

The company had sold 3,25,480 units in November last year, HMSI said in a statement.

In the domestic market, sales grew by 44% to 4,32,350 units last month as compared to 2,99,414 units in November last year, it said.

Motorcycle sales were at 1,50,606 units last month as against 96,338 units in the year-ago period, up 56%.

Scooter sales witnessed a growth of 39% to 2,81,744 units last month, it added.

HMSI Senior Vice President - Sales and Marketing Yadvinder Singh Guleria said demonetisation in November last year had created a low base effect but the demand in November 2017 was visible.

Exports were at 27,667 units in November as against 26,066 units in the year-ago month, a growth of 6%, the company said.