Honda Motor Co., Ltd. has announced top management change in Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) with Minoru Kato being appointed as new President & CEO of HMSI with effect from April 1, 2017.
After spear-heading Honda’s Indian two-wheeler operations for six years, Keita Muramatsu – the current President & CEO, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) will move on to assume a new role as Executive Vice President – American Honda Co., Inc.
During Muramatsu’s six year tenure in India, Honda 2Wheelers India rapidly grew to become the Number One contributor to Honda’s two-wheeler sales globally for the first time ever in 2016.
Under his vision, Honda 2Wheelers India aggressively invested in “Make in India” and expanded from single manufacturing plant in 2010-11 to 4 plants by 2016-17. This in turn increased the total annual production capacity from 16 lakh to 58 lakh units in same period.
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