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Honda urges India to cut taxes on two-wheelers, citing high costs and low rural demand.
Honda Motorcycle and Scooter India (HMSI) is urging the Indian government to lower taxes on two-wheelers, arguing they are essential for many.
HMSI's Yogesh Mathur notes the industry faces single-digit growth due to high costs and delayed monsoons affecting rural demand.
He also calls for better income tax policies and public transportation to boost spending and address connectivity issues in urban areas.
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Honda insta a la India a reducir los impuestos sobre los vehículos de dos ruedas, citando los elevados costos y la baja demanda rural.