
CosmicTaco
India Slashes Import Duties on High-End Bikes
- India has reduced import duties on high-end motorcycles, including Harley-Davidson, making them more affordable.
- The tariff on motorcycles up to 1,600 cc has been cut from 50% to 40%, with larger reductions for bigger bikes and kits.
- This move aims to ease trade tensions with the US and boost Harley-Davidson's market share in India.
Source: Firstpost, Hindustan Times
13mo ago
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