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Why are the cars in the US cheaper than in India?

Why do cars cost double in india what they cost in the US?

  • i mean even with duties, why is it so much more expensive? if the duties are reduced to American levels, will the cars come down in price to american level as well?

  • Answer:

    there would be some reasons why costing double in india : Add to that 25 million new jobs within the next 4 years. These are India's new economic goals. India expects its low-cost labor force and expertise in engineering to continue to draw investment in the country's manufacturing sector. India, of course, is known as a services hub. She would like to add to that growth in: 1. Engineering 2. Textiles 3. Drugs (legal) & 4. Auto Parts In any event, India will grow and grow and grow...

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Other answers

Purchasing power parity (PPP). That means that indians cant buy with the same money what USA people can buy with that money, on the car is because they import the cars, and the import tax is higher and also because the inflation is higher, that means higher prices.

dsro

it what the market will bear

charles h

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