Minoru Kato is appointed as new President & CEO of Honda Motorcycle & Scooter India, effect from April 1, 2017.
Kato is replacing Keita Muramatsum who 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 grew rapidly, becoming number one contributor to Honda’s two-wheeler sales globally for the first time ever in 2016.
His tenure also witnessed the total annual production capacity of Honda2Wheeler increasing from 16 lakh units to 58 lakh vehicles. Also the company’s sales sky-rocketed 200 percent from 16.56 lakh units in the financial year 2010-11 to planned 50 lakh units in the current fiscal 2015-17.
Honda 2Wheelers India has also successfully doubled its market share from 13 percent to 27 percent, raising its position from fourth to second largest two-wheeler company in India in six years.
The new head of Honda2Wheeler India, Minoru Kato has started his career in Honda Japan from 1988 in production control division of automobile operations at Saitama plant. Since then, he has worked in several positions and places within Honda2Wheeler’s global territory.