GST 2.0 splits premium bike market: sub-350cc surges 18.3%, 350cc+ stalls at 1.2%
India's revised GST regime—18% for sub-350cc, 40% for 350cc+—is forcing OEMs to redraw product strategy. Bajaj, KTM and Triumph are downsizing engines below 350cc to dodge the higher levy, while Royal Enfield and Harley-Davidson face headwinds in the heavyweight tier. April premium volumes fell 15.4% YoY before the policy shift.
India's revised GST regime—18% for sub-350cc, 40% for 350cc+—is forcing OEMs to redraw product strategy. Bajaj, KTM and Triumph are downsizing engines below 350
Financial Express · BrandWagon · 5/16/2026, 10:58:16 PM · Ask about this →