India-US trade deal: Harley, Tesla to benefit, but no risk to desi firms
US auto giants Harley Davidson, Jeep, and Tesla are poised to benefit from a new trade deal with India. The agreement offers reduced import duties on specific high-engine capacity motorcycles and cars, with concessions for Harley Davidson's 800-1,600cc bikes and a phased duty reduction for vehicles over 3,000cc, potentially boosting Tesla and Jeep's market presence without impacting domestic manufacturers.
US auto giants Harley Davidson, Jeep, and Tesla are poised to benefit from a new trade deal with India. The agreement offers reduced import duties on specific high-engine capacity motorcycles and cars, with concessions for Harley Davidson's 800-1,600cc bikes and a phased duty reduction for vehicles over 3,000cc, potentially boosting Tesla and Jeep's market presence without impacting domestic manufacturers. What's Your Reaction?
