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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: joseffy who wrote (43137)11/8/2010 6:03:17 PM
From: Bucky Katt  Read Replies (1) of 48461
 
Assemble from kits actually. That is a week old story, btw.
Harley Davidson is setting up an assembly unit at Bawal, Haryana. This will be its second plant outside the US, after Brazil.

The move will help Harley substantially cut the price of its bikes in India. It will pay only 10 per cent import duty on completely knocked-down units, instead of the steep 60 per cent on completely-built units. The domestic price of Harleys ranges from Rs 6.95 lakh to Rs 34.95 lakh.

Harley is looking to sell over 250 bikes by the end of December when it completes six months of operations in the country. This is significant, considering the fact that the superbike market in India is no more than 1,000 units annually. Other big boys in the segment include Honda, Suzuki, Yamaha and Ducati. BMW will also start operations in December.
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