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Will Harley Davidson Retain The Same Price?
Hence, there would be no increase in the price structure for CKD units. Three months ago, the company rolled out its SuperLow and Iron 883 as CKD units from its Haryana facility. At that time the company fixed the price as Rs5.5 lakh for SuperLow and Rs6.50 lakh for the latter.
The company currently deals the markets across the country through its five dealers along with the earlier models of 12 numbers at the price range of Rs7.50 lakh and Rs34.95 lakhs. He further said that the company is focused on the long term business in the Indian market and everything will be assessed before making a final decision.
The announcement by the Finance Minister in the Budget indicated a rise in import duty for CKD units of stipulated norms. The components coming under this definition are pre-assembled engine, transmission and chassis, gear box. With this announcement there would be a rise of 30% in customs duty, from the earlier 30%. He said there could be no dispute from the government announcement despite the anticipated fall in the sale volume.
Last year November, the company came out with a proposal to start the assembling facility in India to roll out the products in 2011. However, the company came to India in 2007 as the government relaxed the norms for bikes having the cc of more than 800 in reciprocity to sale of Indian mangoes in the US. For Harley-Davidson the Indian facility is the second such one in overseas market after Brazil.
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