India’s GST Reform Splits the Motorcycle Market: 400cc Bikes Could Get More Expensive Worldwide - motorcycles.news

India’s new tax structure splits the motorcycle market: 18 percent for machines up to 350cc, up to 40 percent for everything above. While Royal Enfield benefits, manufacturers like Triumph and Bajaj are under pressure and already working on downsized 350cc versions of their 400cc models. The consequences could also be felt by buyers in Europe and worldwide. India drastically cuts taxes on motorcyc…