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Thread: Indian Motorcycle prices slashed by up to INR 3 lakh

  1. #1
    Official xBhp NewsMonger
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    Default Indian Motorcycle prices slashed by up to INR 3 lakh

    New Delhi, March 7, 2018: Indian Motorcycle India today slashed the prices of its motorcycles by up to INR 3 Lakh following the government’s decision to reduce the customs duty on imported motorcycles.

    The entire Indian Motorcycle range would be available at new prices across India at all Indian Motorcycle dealerships.

    Commenting on the import price cut and attractive prices of the Indian® line-up, Mr. Pankaj Dubey, Managing Director & Country Head, Polaris India Pvt. Ltd. said, “We are glad that the Government has rationalised the import duty structure to 50 per cent across the range for imported bikes. The new attractive price of our products available in India will definitely lead to more sales. This will also create opportunities for enthusiasts to buy our iconic products and be a part of the Indian Motorcycle® family.”

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    Starting today, the following products would now be available at:
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    The Indian Governtment had recently announced the cut in import duty on CBU (completely build unit) motorcycles to 50%. Earlier CBU motorcycles up to 800 cc used to attract a duty of 60%, while the CBUs greater than 800 ccs would attract a duty of 75%. Now, this rate has been reduced to 50% for both these categories.

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  2. #2
    Moderator Samarth 619's Avatar
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    Thumbs up Re: Indian Motorcycle prices slashed by up to INR 3 lakh

    Few more companies have reduced their prices like Kawasaki, Ducati, and others. Will create some more threads tomorrow reflecting the changes.

    It is good that they are passing on the benefit to the customers.

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