Harley-Davidson India has increased prices of all motorcycle models which are accumulated in India (CKD bikes). Harley-Davidson’s popular Sportster and Softail models, as well as the bestselling made in India Street 750 and Street Rod models all bikes are included in these category. Harley-Davidson India officials have announced that from April 1, 2018, Car and Bike that prices of the Street series and other CKD models have been increased. The reason they are showing for the hike in prices of CKD models is the government’s decision to increase customs duty on components, such as engine and gearbox from 10 per cent to 15 per cent.
Effected Motorcycles prices
Harley-Davidson India has recently increased the prices for its entire range of motorcycles. Most of them fall under CKD route as four most expensive, still now CBU route option remained untouched during this hike. The biggest surprise came through Street 750’s price hike of INR 8000 as it is locally manufactured in India.
Street Rod witnessed a price hike of INR 37000, making it almost non practical considering the closeness with Street 750. Iron 883 witnessed INR 51,000 worth price hike and now costs INR 9.23 lakh.
American makers bring the bad news for Indian Harley fans..
Harley Street Bob is now priced at INR 12.59 lakh and got INR 58,000 of price hike while same amount was hiked for Fat Bob (INR 14.59 lakh). Both Harley Low Rider and Fat Boy received INR 60,000 worth price hike while Softail Deluxe is now priced at INR 18.65 lakh (INR 66,000 hiked).Harley Davidson Heritage Classic got INR 70,000 worth price hike and now retails at INR 19.71 lakh. After that, CBU range starts well from INR 24.99 lakh. Harley Davidson was expecting some sort of tax reduction from the government but that turned opposite for them due to rise in tax slab of CKD bikes. Three bikes that are equipped with 1200cc engine and all of them are priced between INR 10-11 lakh. The increase in price could affect their sales in a wrong manner as rising cost of fuel and increasing bike prices could create a double negative effect for this brand.
What is CKD???
Completely knocked down car / bike /automobile is one which is imported or exported in parts and not as one assembled unit. At first these units are sent to an assembly plant in the target country where all these parts are assembled and one complete car / bike / vehicle is made using the imported components. In the targeted country these kinds of units generate employment. More machinery and manpower investment is needed to assemble the components and to make the vehicle.
Difference between CBU Vs CKD
While talking about Indian perspective, CBU and CKD have a sharp difference in the import duties. At present, the import duties on a CBU vehicle coming to India from abroad is liable for an import duty of nearly 110% while the CKD attracts 60% duty. This sharp difference is strategically kept like this because CBU does not create as much of revenues and employment for the target country (India in this case). A CKD when assembled in the target country requires technology, infrastructure and manpower investment which generates business and employment opportunities in the targeted country as mentioned earlier.
Harley-Davidson India Price List CKD Motorcycles
- Road King – INR 24.99 Lakh
- Street Glide – INR 29.99 Lakh
- Road Glide – INR 32.99 Lakh
- CVO Limited – INR 49.99 Lakh
*Above mentioned prices are ex-showroom India