When Piketty came to India
Thomas Piketty, the French economist and author of the famous book Capital in the Twenty First Century, was recently in India. He delivered a lecture on the state of inequality globally as well as in India.
Honda Motorcycle & Scooter India (HMSI) today said its flagship scooter brand Activa has crossed 20 lakh unit sales mark in just seven months this year.
The company sold 20,40,134 units of the Activa from April to October 2017, HMSI said in a statement. The Activa, which was launched in 2001, had taken seven years to cross the first 20 lakh unit milestone in 2008, it added.
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HMSI Senior VP Sales and Marketing Yadvinder Singh Guleria said Activa continues to lead as the highest selling two-wheeler of India.
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“Now, as scooterisation has started making rapid inroads in semi-urban and rural areas, Honda is confident that Activa will continue to grow as the number one choice of India,” he added.
HMSI had launched 102cc automatic scooter Activa in 2001 and sold 55,000 units in the first year itself. The brand crossed 10 lakh unit mark in December 2005.
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