Same car, but cheaper when "Made in USA" causing Toyota Kirloskar plant temporarily getting shut
Why Toyota Camry SE fully automatic petrol sedan, retailed at about 64% the cost of the same when 'made in India' - a Rs.29 lakhs car there, here costing Rs.45 lakhs?Ok, you get additionally the hybrid version thereof in India, 28% GST + 15% cess, and a right hand drive car! Additionally car loans available there at 6% interest! How the automobile industry manages this? Governmental levies vis-a-vis company's profitability, what drives what? Toyota's diesel vehicles, Innova, however continued, howsoever polluting! Different matter that the SUV now has gone hybrid. Same Japanese enterprise, takeaways different. Any lessons? more
Present Govt. is only eyeing on revenue generation without bothering customer's benefit & advantage. Why someone will buy a car with an extra cost? In a competitive market environment, price & quality including features are very important and everyone keeps watchful eye on an individual's interest first. Such attitude is slowly turning India to a trading centre now instead of manufacturing hub. more
True, taxes in India really add up. As an afterthought, tactically, then a thoughtless policy introduced of scrapping cars, truly behaving like an over-rich nation. Any wonder that more people buying heavier SUVs than the comparatively fuel-efficient sedans and hatchbacks combined, the only trend US has in common with India. Taxpaying buyer's decisions follow government's fiscal incentives. Only saving grace is India's shifting directly after Bharat IV to the cleanest VI engines skipping the intervening V, hastening the steps towards controlling air pollution. more
Cars in India are more expensive than in most other countries … and then the government goes and makes a stupid thoughtless baseless decision in the NCR of scrapping cars and imposing bans without studying the real truth and actual reasons behind the pollution problem … behaving like an over rich nation and causing immense financial losses all around to the poor citizens … and not even refunding the citizens of the taxes they had paid at the time of purchase … ridiculously … the only victim of this whole exercise has been the poor hardworking taxpayer more
The taxes in India add to the cost. Also Toyota never pushed their luxury lines like Lexus in India. Lexus is very popular in the US and is moderately priced. more
Really pissed off. Time is ticking - already effectively, nearly 15% of the 3rd term is over (because you can't do anything in last few months leading up to elections). And the Government appears t...
Successful countries talk about their present. Struggling countries keep talking about their past. China talks about its dominance in the EV industry. China talks about trains that run ...
There is an easier hypothesis why holidays in India have become Ultra expensive. Most of the luxury hotels in India are not a source of livelihood for the people who run them. It is not ...
Our savings rate is at 5 decade low. Our consumption of even essential FMCG goods has slowed down. Two key essentials of every kitchen - wheat and oil, hugely impacted by infl...
Over 21700 kilos of chemicals recovered from the factory of Ajay Agarwal of Agarwal Traders of Bulandshahr.
500 liters of milk can be prepared from 1 kg of chemical. One man in one city. In the e...
Our friends undertook a Bengaluru to Hyderabad journey in an all Electric car attempting to be at mercy of roadside EV Charging Stations. They left Bengaluru at 230 pm and reached Hyder...
Basic problems India had in 2014:- - Corruption - Reservation - Pollution - Lack of jobs - Not growing fast enough to build genuine wealth Basic proble...
I am a yoga expert who has spent considerable amount of time learning the same in India. Many of my friends are unsure about visiting India because of visa process and then having to figure out how...
Crude price has fallen by 15%-17% in last 6 months Fuel price in India, has not fallen in last 6 months to that extent (of crude price decline) Inflation continues to remain high; o...
I am glad LC manager ran this poll. During Diwali travel coffee and croissant for 6 of us at Delhi airport was 2300 rupees. Clearly something that at market rates would be 1200 rupees an...
By Mukul Puri
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