Mumbai, April 23 -- The proposed move could reduce the landed cost of premium international brands, such as Harley-Davidson, thereby increasing competition in the luxury motorcycle segment.

Eicher Motors, the parent company of Royal Enfield, reacted sharply to the development, as Royal Enfield's flagship "Bullet" may face stiffer competition from globally renowned players.

American motorcycle brand Harley-Davidson, which exited the Indian market in 2020 due to low sales attributed in part to high import duties, could potentially re-enter with a significant pricing advantage if the proposed duty cut is implemented.

Meanwhile, Royal Enfield has been expanding its presence in the premium motorcycle segment with models like the Interceptor...