Is any change possible in the current situation?
First of all you should understand what is the current situation and what can change in the future? In fact, at present, powerful bikes of companies like Harley Davidson and Indian are imported and 40 to 50 percent import duty is levied on them. Talking about powerful bikes, these include motorcycles ranging from 800 cc to 1600 cc and these are CBUs. Now under the new trade agreement with America, the import duty will be reduced to zero percent and then in case of reduction in the prices of many things, American premium bikes will also become cheaper in India.
Possibility of price drop of lakhs of rupees
Now if we tell you about the premium bikes of Harley-Davidson in the Indian market, then it is important for you to know that this American company manufactures X440 and X440 T in collaboration with Hero MotoCorp in the entry level segment in India. After this, in the rest of the premium segment, many other bikes including Nightster, Sportster S, Fat Boy, CVO Road Glide are imported and their prices are quite high.
At the same time, the imported motorcycles of the American company Indian include the entry level Scout series as well as the premium segment including Indian Chief Dark Horse, Indian Chief Bobber Dark Horse, Indian Challenger, Indian Springfield, Pursuit Dark Horse, Roadmaster Elite and others. As soon as the trade agreement is signed, a huge decline of Rs 5 lakh to Rs 10 lakh can be seen in the prices of these bikes.
