Yes you have read it correct. If words from Bajaj officials are anything to go by, you will soon be riding one of these machines for 2 Lakhs or thereabouts. Some of you might say 2 lakhs… isnt it too much? No sir, you would be horribly wrong if you think so. With the present duty structure, this bike ifÂ imported, would costÂ anywhere betweenÂ 3.5 - 4 lakh rupees. So how, you would ask Bajaj would manage to sell it at 2 lakhs? The answer is CKD (Completely Knocked Down kit).
For more on CKD you can go through here http://en.wikipedia.org/wiki/Complete_knock_down
In a nutshell, it means that some parts would be made locally while major components like engine and gearbox would be imported.
Bringing a product via the CKD route attracts the least duty, close 30-40 percent, but it also means that an assembly line is needed and someÂ parts would also have toÂ be sourced locally.
Conversly, the Yamaha R1 is being brought into India asÂ a CBU and hence more than 100% dutyÂ andÂ therefore a product which costs around 5 lakhs in US, costs 10.5 lakhs by the time its here.
In a first againÂ for the 2 wheeler market in India, Bajaj will import the Ninja 250R as CKD to avoid high importÂ duties and hence would be able to price the bike at a very competitive 2 lakh rupees. ThisÂ move yet againÂ shows the commitmentÂ Bajaj hasÂ towards the IndianÂ 2 wheeler market and how it wants to give theÂ customer the best possible product atÂ most competitive prices. We just hope that other companies also follow suit.
Infact we had suchÂ an announcement from Suzuki. We will post once we have further updates on this.
Kawasaki Ninja 250R at the DelhiÂ Auto Expo:
Tell us what do you think of this move by Bajaj.