If you want to sell in India, you have to produce there. If you don't, the tariffs are just too high. Your product becomes way more expensive and people in India become a lot less likely to buy it.
Code-named X760, the company is likely to start rolling out the locally-assembled model either from end of next calendar year or beginning of 2016, said one of the two people cited earlier. The company plans to sell 1,300-1,400 units per month, he said. Unlike other emerging markets, India sales make a very small share of JLR’s global sales. In 2013, JLR sold 3,000 units in India and is expected to close this year with 3,100, according to IHS. JLR does not report India-specific sales separately. IHS’ Gupta estimates the sales of the India division to expand by 20% in 2015.
you can sell CKD's...If you want to sell in India, you have to produce there. If you don't, the tariffs are just too high. Your product becomes way more expensive and people in India become a lot less likely to buy it.
What is "CKD?" I typed it into Google and it is telling me that it is "chronic kidney disease." So I am going to say that is wrong.
Good to know, Thanks for posting this up for those who aren't in the know.also here's a good break down of CKD, CBU, and more; http://www.carsut.com/what-do-cbu-and-ckd-mean-in-automobile/
great breakdownalso here's a good break down of CKD, CBU, and more; http://www.carsut.com/what-do-cbu-and-ckd-mean-in-automobile/
Would you rather pay the tariffs then? Obviously the cost of the work is less than the cost of the tariffs, where does stupid come into play?CKD seems really stupid though. The only reason is to avoid tariffs. They are doing the work twice.