Quote:
Originally Posted by SLK 
And yes I know these import duties are for protecting the economy... but there is to be an equilibrium!... not plain extortion in the name of protection. |
If our economy was open to imports and free competition, do you really think we would have Tata, Mahindra or Reva? Nope, they would all be killed by competition from manufacturers that were making cars for years before these companies. To be honest, I am happy with the 100% duty. Those who really want tthe car can afford it and can get a car in legally. Those who can't have to consume local products. Makes sense to me.