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if the same logic were true, cars would cost 1/60 of labor + reduced price on parts locally made + same price and import duty on imported parts. However cars ty
by harichinnan 13y ago
if the same logic were true, cars would cost 1/60 of labor + reduced price on parts locally made + same price and import duty on imported parts. However cars typically cost twice in India.
- kamaal 13y agoCars cost twice in India for a totally different reason. Its basically because of high import duty and not because they are expensive to make in India.