Zero tariff buzz on Harley Davidson bikes
According to the Bloomberg report, the government is considering zero tariffs on high-end motorcycles, and it is also considering scrapping import duty on motorbikes with greater than 750 cc engine capacity.
The development is negative for Eicher Motors, as it will face direct competition from Harley Davidson motorbikes in higher engine capacities, for which EICHERMOT's Royal Enfield motorcycles command a premium in the Indian two-wheeler market.
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