Harley Davidson plans a 250cc motorcycle: Street 750 India price sub Rs 5 lakh

November 10, 2013

harley-250cc

After unveiling their all new motorcycles, Street 500 and 750 at the EICMA in Milan earlier this week, Harley Davidson has revealed that they might not stop here, as far as building entry level motorcycles is concerned.

Even though the two new Street"s are the smallest ever road-going Harley"s till date, the American motorcycle manufacturer is planning to go even smaller, in the 250-300 cc range, reveals ET. Though this will take few years to materialize, the thought has not been ruled out, especially after rival British firm, Triumph confirmed a 250 cc at EICMA.

Harley Davidson aims at penetrating deeper into auto markets across the globe, especially in India and China which are the top 2 two wheeler markers in the world today. The demand for entry level bikes, in the 250 cc range is more, as compared to the 500 cc or above. Launching a 250 cc Harley, will help the American brand to increase their customer base to an all new level.

Speaking about India launch plans of the two new Street"s, these two Dark Custom motorcycles will come in at an estimated price of INR 4.5 lakhs, which will help the American bike maker to acquire a significant portion of sales in India. Both Street 750 and 500 will have smaller engines and locally sourced parts, which will contribute to its well within means price tag. Both will be produced locally, with engines and transmission being imported.

The Street 750 rides into India first. It will be unveiled at the 2014 India Bike Week on 17th January 2014 in Goa. After which, it will head to the 2014 Delhi Auto Expo in Feb. This is where the official launch will take place and bookings will commence. With a cruiser type front end, rounded faring, hounded headlamp and simple lines, Street 750 is powered by a new liquid cooled, V-twin Revolution X engine. The Street 500 will come at a later stage, at an estimated price of Rs 4 lakh. Both bikes will be produced from the company plant in Bawal, Haryana.

The Indian premium motorcycle market has seen a sea change in recent times. Demand is constantly on the rise and bike makers are eager to introduce innovative models to attract Indian buyers. Harley Davidson made its debut in Indian in August 2009. The company has sold over 2000 motorcycles in the country till Dec 2012 and are expected to add another 2000 units till Dec 2013 end.

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Agencies
May 30,2020

The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June.

A top government source said that the Centre is not in favour of increasing tax rates on any goods or service as it could further impact consumption and demand that is already suppressed due the COVID-19 pandemic and lockdown.

It was widely expected that the GST Council could consider raising tax rates and cess on certain non-essential items to boost revenue for states and the Centre. Several states have reportedly taken an over 80-90 per cent hit in GST collections in April, the official data for which has not yet been released by the Centre.

"The need of the hour is to boost consumption and improve demand. By categorising items into essential and non-essential and then raising taxes on non-essential is not what Centre favours. But, the issue on rates and relief will be decided by the GST Council that is meeting next month," the finance ministry official source quoted above said.

The GST Council is chaired by the Union finance minister and thus the views of the Centre play out strongly in the council meetings.

However, the Council will also have to balance the expectations of the states whose revenues have nosedived after the coronavirus outbreak and wide scale disruption to businesses while they have still not been paid GST compensation since the December-January period.

To the question of wider scale job losses in the period of lockdown as businesses get widely impacted, the official said that the Finance Ministry has asked the labour ministry to collect data on job losses during Covid-19 and is constantly engaging with the ministry to oversee job losses and salary cuts.

On restrictions put on Chinese investment in India, the official clarified that no decision had yet been taken to restrict China through the Foreign Portfolio Investment (FPI) route.

Asked about monetising government debt, the official said that the issue would be looked at when we reach a stage. It has not come to that stage yet.

In the government's over Rs 20 lakh crore economic package, the official defended its structure while suggesting that comparisons with the economic packages of other countries should not be drawn as India's needs were different from others.

"We have gone in more reforms that is needed to give strength to the economy. This is required more in our country," the official source said.

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News Network
June 30,2020

Bengaluru, Jun 30: Karnataka Chief Minister BS Yediyurappa on Monday launched 'Skill Connect Forum' and said that the government is committed to provide impetuous to creating jobs by reviving economic and industrial activities.

The 'Skill Connect Forum' portal connects both private entrepreneurs and job seekers on the same platform.

After launching the forum, the Chief Minister said that the portal provides information on jobs available and who needs a job. "Under this forum, an unemployed will be imparted skills and then enabled to get a job," Yediyurappa said.
Besides providing jobs via registration, the portal also provides a skilled pool of people for those looking to hire, he added.

Deputy Chief Minister Dr CN Ashwath Narayan, who is also the Skill Development Minister said that portal will be a boon to the youth seeking jobs and it will avoid unemployment issue to a great extent.

"All these years, there was no information and communication between job seekers and recruiters. The portal will solve that problem," he said.

Narayan said that there was no proper information on skilled workers and job market. Moreover, skill development was not in sync with the market. All these issues have been addressed by the portal, he added.

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Agencies
March 18,2020

Thiruvananthapuram, Mar 18: To raise awareness about protective measures against coronavirus, Kerala Police released a dance video on the State Police Media Centre's Facebook page promoting the washing of hands, here on Tuesday.

In the video, the police officers were seen dancing to the tunes of Kalakkatha from the Malayalam action-drama thriller Ayyappanum Koshiyum while demonstrating the right technique for washing hands.

The video gained over 27,000 likes and over 2,400 comments and more than 33,000 netizens shared the video.

The video has received a positive response with users congratulating Kerala Police for the initiative.

"Congrats Kerala police media for this kind of initiative," one user commented on Facebook. Another user thanked the police in the comments section saying, "Super super thanks to KL (Kerala) police."

The number of people who have tested positive for the coronavirus in Kerala is 25.

The total number of confirmed COVID-19 cases in India has reached 147, including 122 Indians and 25 foreign nationals, said the Ministry of Health and Family Welfare earlier today.

Globally, the virus has infected more than 184,000 people and killed more than 7500, as per the data available on the World Health Organisation website.

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