Bajaj-KTM have decided to increase the prices of their motorcycles in India with immediate effect. The company has attributed the price rise to the recent cancellation of subsidised excise duty by the Indian government. The excise duty now stands at 12 per cent, up from the previously subsidised rate of 8 per cent. Bajaj-KTM are the first two-wheeler manufacturers in the country to have decided to pass on the rise in costs to the customer.
New prices of KTM motorcycles in India, ex-Mumbai
|KTM motorcycles||Old price, ex-Mumbai||New price, ex-Mumbai|
|KTM 200 Duke||Rs 1,36,147||Rs 1,41,232|
|KTM 390 Duke||Rs 1,87,780||Rs 1,95,050|
|KTM RC200||Rs 1,64,241||Rs 1,70,321|
|KTM RC390||Rs 2,10,561||Rs 2,18,508|