India's latest Budget has reduced import duties on premium motorcycles, making brands like Harley-Davidson and Ducati more affordable. Bikes over 1,600cc now face a 30% duty, down from 50%. This decision aims to boost the high-end motorcycle segment while addressing trade policy criticisms. Import duty adjustments also affect cars and other goods to balance domestic and global trade pressures.
from Auto-Industry-Economic Times https://ift.tt/7K5ZnTS
Subscribe to:
Post Comments (Atom)
Mahindra XUV 3XO REVX EDGE launched at ₹9.39 lakh; petrol automatic variant added to REVX M(O)
Mahindra has launched the new XUV 3XO REVX EDGE starting at ₹9.39 lakh. A petrol automatic variant of the REVX M(O) was also introduced for ...
-
For viewers that stream YouTube using a mobile app, the video-sharing platform appears to be testing a new option. According to GSM Arena, a...
-
Mercedes-Benz India expects India to be its fastest growing market globally, maintaining the feat that it had achieved last year as well. Th...
-
PUBG Mobile developer has expressed concern and surprise over the recent ban and arrest of 10 college students in Rajkot, Gujarat, for playi...
No comments:
Post a Comment