Honda Cars India Records Sales Growth Of 7% In FY'23

Honda Cars India (HCIL) has registered annual domestic sales of 91,418 units during FY 22–23, recording 7 per cent growth over the last financial year. The company sold a total volume of 85,609 units during FY 21-22.

HCIL exported a total volume of 22,722 units during FY 22-23 as compared to 19,401 units in FY 21-22, registering over 17 per cent of growth.

The company says that despite the persistent challenges posed by the global chip shortage and its impact on production volumes, the Indian automobile industry has had one of its strongest years in terms of sales.

The company registered monthly domestic sales of 6,692 units and export of 3,189 units in Mar’23 against 6,589 units in domestic sales and 2,243 units of export in Mar’22.