"Why do we have to pay a GST of 28 percent? Bajaj asked while addressing reporters during the launch event of all-new 400cc Pulsar motorcycle, adding "You look at ASEAN countries typical equivalent of GST is 8 percent and 14 percent."
So, I think there are a multitude of global factors which are driving the up and down of the cell cost. So, it is very-very difficult to predict. In addition to that, you also have alternate technologies like sodium or hydrogen cells which are on the horizon when you take a period like five-six years, they would probably be getting commercialized in that time horizon.
/PRNewswire/ The "Two-wheeler Intelligence and Industry Chain Research Report, 2023" report has been added to ResearchAndMarkets.com s offering. In recent.
Hero Motocorp Ltd: Like many other industries, vehicle makers have also begun talking about sub-segmentation and premiumisation within rural markets now, after adopting this strategy for urban consumers.
Hero MotoCorp CEO Niranjan Gupta expects double-digit revenue growth in the domestic two-wheeler industry next fiscal. Demand for premium models, feature-rich trims, digital inclusion, the hospitality industry, entry level segment, rural areas, sales outlets, and the Harley-Davidson partnership are all expected to perform better.