• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

India Cuts Import Duty On High-Capacity Motorcycles, Boost For US Brand Harley-Davidson

OMMCOM NEWS by OMMCOM NEWS
February 1, 2025
in Business

New Delhi:  In a strong positive signal to the new US administration under President Donald Trump, India has cut import duty on high-capacity motorcycles in the Union Budget 2025-26, which will give a boost to the American brand Harley-Davidson.

Motorcycles with engine capacity of up to 1,600 cc, which are imported as completely built-up (CBU) units, will now attract an import duty of 40 per cent as against 50 per cent earlier, as per the Budget document.

The import duty on semi-knocked down (SKD) kits has been cut to 20 per cent versus 25 per cent earlier.

The completely knocked down (CKD) units will be taxed at 10 per cent as against 15 per cent earlier.

According to the government, the aim is to promote domestic manufacturing.

India is also reportedly planning to cut customs duty on about seven to eight high-end products — including specialised steel, high-end motorcycles, and electronic items.

At present, the Harley-Davidson 440X — the smallest motorcycle in the company’s line-up — is co-manufactured and sold in India by Hero MotoCorp.

Separately, the Budget also said that high-end cars priced above $40,000 will now attract a tariff rate of 70 per cent from 125 per cent earlier, as demand for luxury cars grows in the country.

Hero MotoCorp, which manufactures the Harley-Davidson X440 and the X440-based Hero Mavrick 440, sold 12,188 units of these two models in the April-December 2024 period.

This constitutes a year-on-year increase of 77 per cent and gives Hero MotoCorp a 13 per cent share of this segment.

The Made-in-India Harley-Davidson rolls out of Hero’s Garden Factory at Neemrana in Rajasthan.

It has three variants — Denim (Rs 2.40 lakh), Vivid (Rs 2.60 lakh), and S (Rs 2.80 lakh) — and 8,974 units were sold in April-December 2024, up 31 per cent, as per industry data.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

‘Disappointing Budget’: K’taka Industry Minister On Union Budget

Next Post

Sachin Tendulkar Honoured With Lifetime Achievement Award At BCCI Naman Awards 2025

Related Posts

Narendra Modi
Business

PM Modi To Inaugurate 9th Edition Of India Mobile Congress 2025 Today

October 8, 2025
UPI
Business

RBI Deputy Governor Launches New Digital Payment Innovations At GFF 2025

October 7, 2025
Business

Commerce Secretary Agrawal To Visit Brussels This Week To Speed Up FTA Talks With EU

October 7, 2025
Stock Market
Business

Sensex Rises 136 Points, Nifty Ends Above 25,100 As Banking Stocks Lift Markets

October 7, 2025
Nepal electricity exports to India surge to USD 56 million in the last 4 months(IN)
Business

Nepal Earns Rs 9.37 Billion From Electricity Export To India And Bangladesh

October 7, 2025
Business

India’s Exports Surge Ahead Despite Global Uncertainties

October 7, 2025
Next Post

Sachin Tendulkar Honoured With Lifetime Achievement Award At BCCI Naman Awards 2025

DRDO Successfully Tests Indigenous VSHORADS Missile System Off Odisha Coast

Budget Allocates 19 Pc Outlay Increase For Ministry Of Textiles

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.