US cult bike maker Harley Davidson said it will not hike prices of its two models to be assembled in India despite an increase in import duty for completely knocked down (CKD) parts.
The company, which is setting up an assembly unit at Bawal in Haryana, said it is evaluating options in the wake of the new CKD norms that has resulted in higher import duty.
In December, the company had announced that the SuperLow and Iron 883 will be the first two models to be rolled out of the CKD assembly facility in Bawal in Haryana. The bikes are priced at Rs 5.5 lakh and Rs 6.50 lakh (ex-showroom), respectively.
These models will be available across the five Harley Davidson dealerships, in addition to the existing model line-up in 2011. Its other 12 fully imported bikes in India are priced between Rs 7.50 lakh and Rs 34.95 lakh.
The Indian plant will be only its second facility outside its home-base after Brazil.
Source: ET