2 months ago

Ducati India seeks tax cuts for premium bikes

Ducati India seeks tax cuts for premium bikes
Ducati India bats for lower import duties, GST on premium bikes · financialexpress.com

Ducati India wants the government to lower taxes on expensive motorcycles.

They say this will make their bikes more affordable and help the company grow.

Ducati thinks electric bike technology isn't good enough yet for high-performance bikes, so they're focusing on regular motorcycles.

They plan to open more service centers and bring more of their global models to India.

Ducati is optimistic about the future because more people are buying luxury bikes and there's better infrastructure for riding.

Key facts

Company
Ducati India
Managing Director
Bipul Chandra
Key Models
Panigale, Multistrada, Monster, Scrambler
Growth Strategy
Strengthening after-sales presence and selective network expansion
Market Outlook
Steady growth over the next three to five years

Quotes

Bipul Chandra

Managing Director, Ducati India

“Measures such as rationalization of import duties, GST and RTO charges (some states still charge 20% road tax for CBU motorcycles) can improve accessibility and reduce time-to-market, benefiting both manufacturers and clients.”
financialexpress.com
“A stable and predictable policy environment is important for long-term growth, especially for manufacturers like us whose portfolio is completely dependent on internal combustion engine (ICE) motorcycles.”
financialexpress.com

Sources

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