New Delhi, Feb. 1 -- In a strong positive signal to the new US administration under President Donald Trump, India has cut import duty on high-capacity motorcycles in the Union Budget 2025-26, which will give a boost to the American brand Harley-Davidson.
Motorcycles with engine capacity of up to 1,600 cc, which are imported as completely built-up (CBU) units, will now attract an import duty of 40 per cent as against 50 per cent earlier, as per the Budget document.
The import duty on semi-knocked down (SKD) kits has been cut to 20 per cent versus 25 per cent earlier.
The completely knocked down (CKD) units will be taxed at 10 per cent as against 15 per cent earlier.
According to the government, the aim is to promote domestic manufactur...
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