Ducati bets on India-EU FTA as 40% GST weighs on luxury motorcycles - Business Standard
As India’s premium motorcycle market grapples with a steep 40 per cent GST on bikes above 350 cc, Ducati India is pinning hopes on the India–EU Free Trade Agreement (FTA), which it sees as a potential game-changer for the luxury biking segment. The Italian superbike maker said the sharp increase in GST has added pressure on an already niche market. A favourable India-EU FTA could help offset recen…