Triumph will stop CKD assembly if govt hikes customs duty again
Triumph will fall back on importing motorcycles from its Thailand plant as CBU units using India's free trade agreement with that country, says MD Vimal Sumbly
Mumbai: In a move that could be a setback to Prime Minister Narendra Modi’s ambitious Make in India programme, the local subsidiary of British motorcycle maker Triumph Motorcycles Ltd said it would discontinue assembly operations for its bikes in India if the government raises customs duty on completely knocked down (CKD) kits any further.
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