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Toyota halts india expansion due to Taxes


Ryzen_renoir

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Tax on everything to fill politicians pockets and making India "Corrupt to the core" besides making public chutiya.

Heavy Tax on Petrol, cars, booze, you name it. Name one product that doesn't

Tax on Urine coming soon...drink and enjoy my fellow Indians .+-

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Simple India lo enta taxes ante

Corolla hybrid costs around 25k$ 

But regular corolla costs around 20l

 

For the cost of regular car we can buy a hybrid in USA 

We cannot buy a regular car in India 

Imagine how taxes are killing development in India

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32 minutes ago, JambaKrantu said:

Cars too much expensive India la.. I don't what the government is doing with all that money 

because India is not a big market for cars. there's not enough competition.  other than US and China, all other markets are very small.

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3 minutes ago, kevinUsa said:

Simple India lo enta taxes ante

Corolla hybrid costs around 25k$ 

But regular corolla costs around 20l

 

For the cost of regular car we can buy a hybrid in USA 

We cannot buy a regular car in India 

Imagine how taxes are killing development in India

Its not taxes, duh! 

not enough people have the money to buy car in India and most of the cars manufactured are exported. 

domestic market is small. its probably one-tenth of the market in China.

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Just now, chanchala said:

Its not taxes, duh! 

not enough people have the money to buy car in India and most of the cars manufactured are exported. 

domestic market is small. its probably one-tenth of the market in China.

the country is suffering because of dumb fellows like you..sad but true&*B@

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Just now, sendral_nakka said:

the country is suffering because of dumb fellows like you..sad but true&*B@

GST is only part of the problem. domestic auto market in India is indeed small.

the problem is always with the conservative nature of the govt in delhi

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3 minutes ago, sendral_nakka said:

the country is suffering because of dumb fellows like you..sad but true&*B@

even if Toyota expands their manufacturing capacity in India, they won't sell much in India.

I was responding to why cars are so expensive. manufacturing did get unattractive due to taxes. that's different.

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