GST hike on bigger bikes may curb manufacturing scale, premium-segment growth, cautions Royal Enfield chief - ET Auto

The recent increase in GST on motorcycles above 350cc could affect future product development and limit India’s ability to scale manufacturing in premium segments, cautioned B. Govindarajan, Managing Director, Eicher Motors and CEO, Royal Enfield, on Thursday during the company’s Q2 FY26 earnings call. Under the revised structure, the GST rate for motorcycles up to 350cc has been reduced from 28 t…