Harley Davidson Tariff India
For the most part there are absolutely no tariffs.
Harley davidson tariff india. We have if you are Harley Davidson you have 50 to 75 per cent tax tariff to get your motorcycle your product in. The ruling is not due to come into effect until June and Harley is rightly stating it will appeal the law. Such an elevated entry price significantly narrows the Total Addressable Market TAM in a fairly price-sensitive market like 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. In the last few years Trump often cited the Narendra Modi-led governments tariffs on Harley-Davidson as an example of why India is a tariff king. He said that he had spoken to Modi about the 100 percent tariff that India had been charging on the bike and he reduced it by 50 percent with one phone call.
But 13 of these models are CKD units and are completely assembled in India. 50 import tariff on Harley Davidson unacceptable India should remove it. The most expensive Harley Davidson bike CVO Limited is priced at 5053L 69745.
Harley-Davidson bike prices in India start at 533L 7356 for Harley Davidson Street 750 which is the cheapest model. Notably the USs tariff on large motorcycles from India is 0 and can range up to 10 for other countries. Currently Harley sells 17 models in India with prices ranging from Rs 533 lakh to Rs 503 lakh.
Not in the US 2- The tariff this article talks about is the tariff India imposes on products which are brought into India. Indias import tariffs were slashed by 50 but the brand has still struggled in the competitive market. India has also decided to slap retaliatory tariffs against 30 US products which will come into effect on August 4.
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. When India sends its motorcycles to the US there are absolutely no tariffs. Harley-Davidson is the leading premium motorcycle brand in India with annual sales of over 3000 motorcycles.