positive this fiscal," Dua said.
The company is expecting better sales during 2013-14 on the basis of low sales in this fiscal and 7-8 new launches, including new models, variants and refreshes, he added.
Dua also said the company is expanding the production capacities of its scooters and 125 cc segment motorcycles, in which it witnessed 33 per cent and 36 per cent growth in last month, respectively.
"We are increasing the monthly scooter capacity to 60,000 units from 40,000 units earlier. The capacity of 125 cc bikes is also enhanced to around 70,000 units a month from 60,000 earlier," he added.
Shares of HMC were trading 0.48 per cent up at Rs 1,822 apiece on BSE during late afternoon trade.