Royal Enfield, a leading performance bike maker that has ruled the country for a long time in the 350cc segment, is gaining direct competition in the Indian market. Last year, Japanese company Honda launched its new bike Hness CB350. This bike is getting great response from the customers, the fact is that in terms of sales this bike is a stiff competition to the recently launched Cruiser Bike Motor 350.
Royal Enfield released its Meteor 350 in November last year. There is no big difference in the price of two bikes. According to the report, Honda sold a total of 3,543 units of the HS CB350 in January. At the same time, Royal Enfield sold 5,073 units of the Motor 350 during this period. Both bikes are facing stiff competition in terms of sales.
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Although Honda has entered the 350cc segment for the first time in the Indian market, the company has been successful in gaining a foothold among its customers. Recently, the company also released the Scrambler model of this bike. Looking at sales growth, Hines sales saw a complete increase of 126% compared to December last year. In December, the company sold 1,564 units of this bike.
On the other hand, Royal Enfield’s Motor 350 sales are down nearly 40 percent. The company sold a total of 8,569 units of the bike in December last year. Let us know, the H’ness CB350 is available in two variants in the Indian market with its DLX variant priced at Rs 1.86 lakh and the DLX Pro variant priced at Rs 1.92 lakh. At the same time, Meteor 350 will be available in three variants, priced between Rs 1.75 lakh and Rs 1.90 lakh.