Harley Davidson Tariff India

Harley-Davidson is the leading premium motorcycle brand in India with annual sales of over 3000 motorcycles.

Harley davidson tariff india. The most expensive Harley Davidson bike CVO Limited is priced at 5053L 69745. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. India classifies motorbikes by their engine capacity measured in cubic centimeters cc currently broken down into four categories 75 250 500 and 800cc and above.

For the most part there are absolutely no tariffs. India did lower duties on the Milwaukee Wisconsin-based motorcycle maker to 50 per cent in 2018 from around 100 per cent earlier but the US President found the new tariff rate still unacceptable. Such an elevated entry price significantly narrows the Total Addressable Market TAM in a fairly price-sensitive market like India.

While the effort is commendable Harley-Davidson established a factory in India and doesnt actually have a tariff to pay on locally-sold units so is this all in vain. The 56 tariff is the second hammer blow to the Milwaukee firm in just three years after in 2018 the EU placed a 25 incremental tariff 31 total on any motorcycles. Too much for Trump.

With the new proposal India will create a new category of 1600cc and above and will only lower tariffs for that class of bikes. Currently Harley sells 17 models in India with prices ranging from Rs 533 lakh to Rs 503 lakh. We have if you are Harley Davidson you have 50 to 75 per cent tax tariff to get your motorcycle your product in.

Harley-Davidson bike prices in India start at 533L 7356 for Harley Davidson Street 750 which is the cheapest model. For the most part there are absolutely no tariffs. 1- Harley motorcycles assembled in India will be sold in India.

Donald Trump has again criticised Indias high import tariff on the iconic Harley Davidson motorcycles as unacceptable while acknowledging that his good friend Prime Minister Narendra Modi has reduced it from 100 per cent to 50 per cent even as the US President rued that America is a bank that everybody wants to rob. Harleys statement referred to a 100 tariff in both India and Indonesia but according to the World Trade Organization Indonesia has a 40 tax. Harley-Davidsons European trade woes have been front-page news since April 2021.