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Localisation making luxury cars affordable


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sri aytha
110% tax if imported.. localisation only reduced 6%
by sri aytha on Jul 16, 2015 09:40 AM

abroad these cars are sold at half the price what we pay in India as duties are 110%. By localisation a part of manufacturing they have been able to pass on the benefit only upto 6%. looks like they want to recover most of the fixed costs in short time riding on the craze Indian millionaires have for these cars. good strategy for company, bad for aspirants among customers.

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