Honda Cars India plans to introduce five sports utility vehicle in the country by 2030 as it looks to have a strong presence in the robustly growing segment, according to a top company executive. The company, a wholly-owned subsidiary of Japanese auto major Honda Motor Company, on Monday made a foray into the mid-sized SUV segment with an all-new product -- Elevate -- priced between Rs 10.99-15.99 lakh (ex-showroom Delhi). The model will compete with the likes of Hyundai Creta, Maruti Suzuki Grand Vitara, Kia Seltos and Toyota's Urban Cruiser Hyryder, among others. "Our focus is now on the SUV segment. Starting from Elevate we are going to introduce five SUVs by 2030," Honda Cars India President & CEO Takuya Tsumura told PTI in an interaction. It is very important for the company to be in the SUV segment which has become the leading vertical in terms of volumes, he added. The contribution of the SUV segment in the overall passenger vehicle sales in the country has risen to over .
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