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Honda Motorcycles to set up single-brand retail store in India: xBhp News

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  • #1

    Honda Motorcycles to set up single-brand retail store in India: xBhp News

    HMSI, the wholly-owned subsidiary of the Japanese auto giant Honda, which had sought approval of the Foreign Investment Promotion Board (FIPB), has proposed to sell products like two-wheelers, motorcycles, spare parts and accessories in their stores.

    At present, the firm sells its vehicles as well as spare parts through franchises.

    Source: Honda plans to set up single-brand retail store in India - NDTVProfit.com

    So, do you guys think if such a COCO service/sales/spares outlets are opened there would be better levels of service ? Time to wait and watch..
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  • #2
    re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

    News Approved​
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    • #3
      re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

      Originally posted by s1d View Post
      HMSI, the wholly-owned subsidiary of the Japanese auto giant Honda, which had sought approval of the Foreign Investment Promotion Board (FIPB), has proposed to sell products like two-wheelers, motorcycles, spare parts and accessories in their stores.

      At present, the firm sells its vehicles as well as spare parts through franchises.
      Good move by Honda. How useful it turns out to be, can only be realized after the actual implementation.
      Biking is not about how many Km/h you put on your Speedo. It's about how many miles you put on your Odo. Ride Safe, Ride Long!

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      • #4
        re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

        I think, this should be practice by every manufacturer. People definitely buy accessories with their new/old bikes and if buyers find the official stuff under one roof, it helps both consumer and company. The revenue earned can be massive.

        Honda is playing really aggressively in India. Like it.
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        • #5
          re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

          does this mean, all the dealers will be removed/terminated and instead there will be honda owned showrooms..??
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          • #6
            re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

            This is heartening news. I hope they get everything in place soon.
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            • #7
              re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

              It's not just Honda, it's also H&M, pls post the complete news!!

              New Delhi: Honda Motorcycle & Scooter India (HMSI) and Swedish fashion retail giant Hennes & Mauritz (H&M) have sought government permission for opening up of single-brand retail stores in the country.

              "H&M has applied and Honda has applied," secretary in the Department of Industrial Policy and Promotion (DIPP) Saurabh Chandra said.

              HMSI, the wholly-owned subsidiary of the Japanese auto giant Honda, which had sought approval of the Foreign Investment Promotion Board (FIPB), has proposed to sell products like two-wheelers, motorcycles, spare parts and accessories in their stores.

              At present, the firm sells its vehicles as well as spare parts through franchises.

              On the other hand, H&M has proposed an investment of 100 million euros (around Rs. 700 crore) for opening up of 50 stores.

              Globally, H&M has around 2,800 stores spread across 49 markets, employing over one lakh people.

              While Germany is its largest market, the US is its second biggest market followed by UK and France.

              Founded in Sweden in 1947, in addition to H&M, the group has brands including COS, Monki, Weekday and Cheap Monday and Other Stories as well as H&M Home.

              Since the government relaxed FDI norms last year, many foreign retailers have taken steps to open stores in India. So far IKEA's Rs. 10,500 crore investment plan to set up its chain of stores across India remains the biggest proposal
              This sounds more of non Auto news to me just that Honda partnered with H&M
              Skill is what keeps you on a Motorcycle
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              • #8
                re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

                ^^ honda has not partnered with H&M, both have separately applied for permission to open their own stores.
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                • #9
                  re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

                  Originally posted by aargee View Post
                  It's not just Honda, it's also H&M, pls post the complete news!!



                  This sounds more of non Auto news to me just that Honda partnered with H&M
                  saar, i dint want to mention that lest the admins say 'its not bike related', but again, i think we just need to pick up the part of the news article were it mentions Honda is gonna sell their bikes/spares/accesories.. that's good enough for most of us.. who cares about the other company H&M

                  But i don't think it is a 'joint operation/venture' by Honda and H&M - more probably two independent companies that applied around the same time and hence the news article mentioned both the companies in the same article

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                  • #10
                    re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

                    Definately not. It would only mean that there would be an exclusive Honda Factory Showroom located in the city along with the franchises.

                    Originally posted by princesirohi View Post
                    does this mean, all the dealers will be removed/terminated and instead there will be honda owned showrooms..??
                    Every Motorcycle has a tale to be told and there is no greater privilage in the life of a rider than to have truly understood what his Motorcycle stands to tell. Some of the greatest stories in the world are not written, they are experienced.

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                    • #11
                      re: Honda Motorcycles to set up single-brand retail store in India: xBhp News

                      Doesn't seem practically possible. From when did the government start to think about the consumer? It wont let any foreign manufacturer in unless it gets at least a 40% cut. More or less. And from there everything goes downhill again...


                      Sent from my iPhone using xBhp Connect

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                      • #12
                        Instead of attempting this most important thing Honda need to do is teach some talking manners to their customer representatives and improve the service on whatever is already sold.
                        1. Stop charging separately for number plates and mirrors
                        2. Stop forced extended warranty on their bikes
                        3. Stop saying we don't have bikes for test rides, be it DIO or CBR 250R they dont have test bikes, crap...:|
                        I believe I can fly...

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