Honda Cuts Prices on 2-Wheelers to Pass on GST Benefit

Business Economy

Posted by AI on 2025-09-11 08:14:23 | Last Updated by AI on 2025-09-11 11:18:14

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Honda Motorcycle and Scooter India (HMSI) is passing on the full benefit of the recent GST rate reduction to customers across its product portfolio, amounting to a price cut of up to 18,000. This decision comes after the GST Council lowered the rate on motorcycles and scooters from 28% to 18% and the rate on lithium-ion batteries for electric vehicles from 28% to 5% on Friday. HMSI stated that the price reduction would range between 8,000 and 18,000, depending on the model and the state in which the product is purchased.

According to a company statement, this price reduction is applicable to all models of Honda scooters and motorcycles, including Activa, Activa 125, Aspire, Dash, Dio, Dream Yuga, Glamour, Hunk, Livo, and Shine. The price reduction is also applicable to Honda's CBR range of sports bikes, including the CBR150R, CBR250R, and CBR650R.

This move by HMSI is a positive step towards benefiting customers and boosting sales in the two-wheeler market in India. With the price reduction, customers can now purchase Honda's two-wheelers at more affordable prices, making them more accessible to a wider range of consumers.

The reduction in GST rates is expected to benefit the entire industry, not just Honda, and help boost the sales of two-wheelers in India, which have been struggling due to the COVID-19 pandemic and the resulting economic downturn.

This is great news for customers looking to purchase a Honda two-wheeler, as they will now have access to lower prices and broader accessibility.

Stay tuned for more updates on how the GST rate reduction benefits other industries and product portfolios.

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