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But the after sale service was pathetic... It was very difficult to search for their spare parts.... We have a Sedan of Ford, but it's maintenance is very costly, due to lack of parts
for all of those who are praising and supporting Indian companies that doesn't mean we should completely neglect foreign companies they are equally needed for our economic growth
True. We need their manufacturing & tech. Best option for us would be if they made cars in India and then exported those to EU, Australia, Canada, etc.
Just coz of govt taxation policy, many companies are leaving and setting up it's offices in other countries. India's taxation system has always been a major concern for foreign countries. Now by implementing 30% tax on crypto trading, the govt almost ended the crypto market and forced many companies to leave.
Is you are correct government importing way mor high taxes in automobile sector as compare to other country's in the world , that's why Indian people have very few options to buy car. So our government should give some relaxation in custom duties.
Exactly but Indian mass mentality is like "Oppo phone + back cover with Apple Iphone logo". So for many of us 2 airbag and cheap plastic interiors is okay but it must have sunroof and 7 inch touch screen. Sheesh 😒😒🤦♂🤦♂
@@patil_siddhant how many cars from Tamo and Mahindra had 6 airbag , traction Control , Hill hold assist , rain sensing wipers , auto dimming IRVM , auto headlamps , EBD , Anti rollover protection etc before 5-6 yrs ? How many Tamo and Mahindra cars provide these features even today in 12lk segment car ? ( Ford gave all these in 7-8lk rs cars Figo , Freestyle, aspire)
once Our FM was saying, you can avoid eating Garlic and onion if they are expensive exactly like that one day she will say you may avoid purchasing Car if you are thinking taxes are high.
@@ranasingh15 you mean a citizen will have to borne 30% Income Tax, 28% GST and more than 19% state registration tax. This is crazy loot. Could be one of the reason middle class rapidly shifting to western countries.
Wrong, General Motors officially said they are moving away from all countries that have right hand wheel.. When it comes to Ford, Ford failed in all countries where sub compact car sells including Europe.. Even in USA Ford failed and stopped compact cars.. All US Companies are failing and even US journalists are covering how US failing due to focusing more on China centric products..
Seriously taxation is too high not only in automobiles but also some of the auto parts of 2 wheeler vehicles.Its not even 18% but 28% GST. A simple lever of whose base cost is 78 but gst is 28%. GST is somewhere failing.Its not remained simple tax but becoming a complex taxation system.Yesterday after getting serviced of my 2W, i understood this thing.
Majority Indians want 50 inch touchscreen and air purifier instead of cars with good engine, transmission and dynamics combination, so tinzuki and hyundai dabba tincans caters to that majority really well.
American automobile is facing lots of problems not just in Indian market but also in other markets as well. They haven't evolved with times they still live in their glorious days. If American automobile companies don't evolve with time they will meet the same fate like British automobile industry faced during the 1960's.
Ecosport and honda wrv could get more sales if they make timely update in their design and features like other companies. So taxation is definitely not the reason
But German brands like Skoda, Volkswagen doing well better than jeep,Nissan. they are very aggressive in indian market In term of other foreign brands.
Maruti is not indian company.majority of its share around 56 percent is owned by suzuki motor corporation japan.same like tata own JLR.they do not change the name so the people feel that maruti is indian company.brand image is important.
My Jeep Compass 4*4, produced at Ranjangaon near Pune, India. - Price ex tax and ex showroom ~ 18 lacs. - Ex-showroom price = 26.76 lacs (GST 28%+ cess 20%) - On road price ex insurance = 31.2 lacs ( tcs 0.75% + Maharashtra road tax (15%) + misc 1%) Which = effective tax rate of 73%(31.3/18) + insurace of 85k Total = 32.1 lacs All of this after 30% marginal tax on my income. Who says tax isn’t an issue ?
We should always be concerned about attracting many companies in india If we keep supporting few companies then gradually they will have a Monopoly where as bringing foreign companies would keep a healthy competition and help us in growing overall
The taxation is inhuman. Imagine I buy a Fortuner worth ₹47 lakhs I am simply putting 18 lakhs in the pocket of government and the folks breaking their backs to manufacture the car make a measly profit of ₹40k.
Yes, taxation is not good. Especially in this time where things were already expensive due to war, yet they increased tax on essentials. But I think similar type of thing should be done in electronics industries. We dont have good Indian Smartphone and Computer brands and its taken over by Chinise brands. Thats very dangerous.
Most of the EV cars in India are being introduced by local Indian brands such as Tata and Mahindra, or the Chinese MG Hector. There is a great upsurge in the demand of these cars in recent months because of the high cost of fuel compared to the electricity. These companies are ramping up the production to cater to the market demands. Note also that there are a lot of companies which make smaller EV products such as scooters and autorickshaws (for which there is a huge market in India). In my opinion, Tesla should work on its India package, which should include a small affordable car, a scooter and an auto. The long range of tesla battery packs will be their winning factor.
Actually, Tax is the main reason for all these conditions. Government should focus on Volume base Tax Collection. But They are focussing on a particular group of citizens. It is not good for our Economy. It is best to collect 1 rupee from 100 citizens, instead of collecting 10 rupees from 5 citizens. I don't know why Government doesn't understand this.
But it will eventually decrease the standard of living of common people. For the welfare of middle and lower class families this system is good otherwise the income barrier will furthur increase.
Honda and toyota does not care about indian market.they are top selling in north America,japan and other developed economics. I think that is why they see indian market as an optional market.
If they(foreign companies) really wants to succeed in Indian market they should develop cars which are preferred here by people, means according to the markets demand. Otherwise they will be followed by losses only.
Already Indian market ke hisab se car banane ke chakkar me un logo ko apne cars ki quality drastically comprise karni pad rahi hai, same cars India ke comparison me doosre desho me kahi jyada better hote hai
Actually no, make in India is not rising, how many indian car companies have you seen rising, maruti has been there for 40 years, tata for the same period, and mahindra ig has been there for 60 years. So these taxes have nothing to do with good in make in India, rather it will create a oligopolist market where quality of goods provided will reduce drastically, foreign brands have much superior tech since they've been in business for 100 years, so we should focus more on inviting them
If this were to happen in 2019era or before then , it might have been a scary thing for India. but During Lockdown our Very India Brands levelled up alot , I mean alot in the Auto-mobile sector. At this point Even if foreign companies only sell Limited Models , India will have Tata , Mahindra . And i think both of these have really great cars nowadays, Corrections are welcomed
SIR IF U SEE THERE WAS NEWS RUNNING WHERE IT WAS TOLD THAT THE TATA MOTORS IS PLANNING TO BUY ONE OF THE FORD PLANT SO WHAT CAN BE NEW PLANS FOR TATA MOTORS ACCORDING TO YOUR ANALYTICS ?
It's good to see that Indian Automobile industry is performing good and growing well but on the other side taxation is still a issue here and the crypto is literally criminall yr i mean itna sara tax lete ho to tax ka pesa jata kider h kon kha jata h??? Whoever is reading my comment Don't you guys think the same🤔?Do let me know 👍
Taxation, GST is biggest issue.. Also pertrol, diesel, CNG prising rises .. if no solutions are there then only Govt. Will earn new youngster will nt get new jobs.. Govt should think abt this to create new jobs & investor company nt staying in India is nt gd thing..
Fords downfall started when they really tried to make cars tailored for Indian market like the figo and figo aspire .All their previous cars were amazing and successful and were not made thinking Indian market in mind.Ford is an enthusiast brand or was till they started making cars tailored for India which was a mistake they shouldn't have done.Please do your homework well
Figo was initially well received by the public but what I believe is Ford failed in providing after sales service. We hardly come to see any Ford service center. That's the main reason behind failure of American companies. Issue is not totally with taxation. If taxation was the issue then VW should have quit Indian Market long back. VW even launched global variants with little cost cuttings for efficient pricing. And they even increased local sourcing of parts as well. Toyota has expertise in making SUVs and MUVs. And Indian SUV market js growing rapidly. Best bet for Toyota would be to launch cars and constantly update them in various ranges of SUVs like Compact SUV, Mid-Size SUV, Full size SUV. Innova Crysta and Fortuner itself have good brand image. Attempts to launch Urban Cruiser aren't paying back to Toyota. So I feel Toyota should work on their expertise of SUVs. They can enter later with EVs. I think Toyota isn't leaving India anytime soon as claimed by many in comment section.
The car companies should be facilitated with better taxation. India needs good reliable cars with best and cheapest matainence. Even if the car is little 🤏 expensive it is fine, all Indians don't want the cheapest tin cars. it should be low on mantainance.
Sir agar Toyota fortuner 40-54lakhs ki ex showroom aati hai. Jissme hmme kuch v nhi milta, 30 lakhs me hmme or v bhut se cars mil jaati hai jisme bhut se features hote hain. Sir 45- 50 lakh ki bmw ki sedan v aa jati hain jo ki feature rich hoti hain. Fir v agar Toyota bolti ki margin kamm hai toh kaise chalega sir.
High taxation, Petrol price, And Poor roads with Cows dogs Potholes Speed bumps !!!!! Shame to be world's 4th Largest economy with such poor facilities!!
Having just Indian car companies lead the market will have Micromax effect, when they the leading phone sellers gives you crap and you have nowhere else to go to.
Please mention add timings in the description .. its so irritating to watch those advertisements if the person is watching your videos with so much interest 😂
Sir agar volumn game khelnekeliye tax kam kiya to gadi ke price kam ho jayenge uski vajese autombile sector badhega lekin lok bohot gadi lekar pollution aur road traffic badhakar phir pollution badhayenge which will damage us in future
Cars are not sustainable mode of transportation here. People might come and say that we need to have our piece of cake by having car just like people in west have but you need to realize that west has learnt the harm of car ownership and is rolling back to walkable infrastructure for better mobility between cities. It's good that taxes for cars are high to prevent extreme traffic situation in our cities. Also, it's not like everyone even has a parking space after purchasing a car.
It's not just taxation. It is the number of competitors in the market. There are so many options in a category like hatchback, compact utility vehicle, SUV etc
The fact is these companies made masterpiece like Abarth, Ecosport, Cruze which are hard to beat even today. But the problem is Indian buyer. Here in India "JO DIKHTA HAI WO BIKTA HAI". That's why cheap cars like Carens, i20 and unreliable products like Nexon, XUV700 are selling more. Tata and M&M are known for unreliable producst and making sales in the name of Patriotism. Just go and check the percentage of unhappy Tata customers is way more than any of the brand which left India. Best example for what I'm saying is, the substandart Skoda slavia is is made for India only with way too lower quality has more sales than the car like Rapid which was perfect in itself!
Information provided Excellent. Video editing need to be improved because when photos of cars are taken it shows black outlines of free cropping. One thing I noticed which is negative is that in last 1 minute you have repeated statements or points telling about why Indian cars making companies are more successful than foreign companies which was already discussed in between the video. After editing and all, before publishing on RUclips there should be a team to review the video so such mistakes can be avoided. Overall keep going, doing great work.👍🏼
Do you know the taxes on Singapore? It's virtually impossible to buy a car unless you are a multimillionaire. Taxes are kept high on cars not just for revenue but to discourage people from buying too many cars. Given the population of India we cannot build enough roads for these cars. Already metro cities are struggling with traffic and pollution. That's why taxes are low on electric cars.
1. Taxation 2. Sub 4M SUV craze, which are actually crossovers. Global demand for this segment is almost none. So nt much models developed. 3. Fuel efficiency competency, which global brands couldn't compromise with their build quality to increase mileage. 4. Frequent new model demands in India. (Foreigners doesn't need new names only next generations of vehicles system goes on).
most of them who are saying its better they are leaving , Indian brands are rising , should consider more the number of brands more is the competition and better benefit for customers
टैक्स नही खून चूसते है जनता का , अभी तो विदेशी लोगो को भी पता चल गया, हम सैलरी लेते समय tax pay करे,फिर वो सैलरी से कुछ खरीदते वक्त भी tax pay करे, घर ले तब भी रजिस्टर करने का tax, flat लेते समय tax, गाडी लेते समय tax ,kaha nahi h tax , हर चीज मैं है टैक्स सिर्फ जो हम सास ले रहे है उसपे अभी तक tax nahi lagaya
Just because you own the parent company doesn't mean it becomes an Indian product. Range rover is still seen as a British product not an Indian one. Tata has nothing to do with its success or brand value. Volvo is also owned by China but does anyone consider Volvo as a Chinese company?
@@ayushjasani4176 really ? Baat high taxes ki hai... Jab bhi kuch earn kro ye govt katora utha kar sabse pehle aa jaati hai & jab spend karna ho tab bhi... Aur badle me kya deti hai ? ??? A good healthcare ? Quality education ? Crime & corruption free states ? Ab crypto ko hi lelo... regulate nahi karenge pr kuch earn kiya to katora utha kar sabse pehle jarror aa jayenge.
@@ashishsheokand6141 Aapki baat sahi hai ki GOVT. har jagah TAX ghusaad deti hai lekin, Corruption aaj ke time mein bahut kum ho gaya hai. Kitne Politicians aaj pakde jaa rahe hai. U.P. ka example lelo. Waha pe CRIME kitna kum hua hai, news channels ko utha kar dekh lo. Bade-se-bade gunde aaj JAIL mein hai aur bahut se gunde SURRENDER kar chuke hai. ECONOMIC GROWTH dekh lo. Kitni jyada BHAR-BHAR ke INVESTMENT aa rahi hai INDIA mein
@@ayushjasani4176 yarr, chamcho ki to baat hi mt kro, means news channel ki... & un pakde gye politicians me se kitne ruling party wale hai ? Actually i hate, baat baat pe katora utha kar aane wali aadat & usko efficiently use na karna !
Tbh I'm not that worried...all the companies which have left india are struggling globally be it the American brands like Ford, Chevrolet or some like Mitsubishi Hardly anyone has left who only struggled in india
Agree with a lot of points here, except the taxation on crypto - the govt knew what it was doing in this case and earning money by taxing crypto wasn't the motive. The taxation on crypto is doing what it was supposed to do, and If the companies have chosen to move away, good riddance!
Discourage ppl from investing in crypto, atleast in the current form. Yes there could be an argument that why not just ban it, which I honestly don't have an answer for just that it might be a way of buying time until a policy around crypto could be framed. Or it could just be inefficiency like we have in case of car taxation.
Most important and key step is continuously launching of customer centric cars in India. Toyota and Honda only having 2-2 car model in India but still surprised with there survival. Earlier, Ford and GM could not able to provide latest models. New Kia and MG is doing great business.
First told finance ministe taxation kam kare agar...kia Hyundai vw and skoda bhar jo product manufacturer kare rahe uski price bhut kiya da hai...agar vahi product isi build quality ke saath bech ne lage to yaha price bhut increase ho jayega...fir tum hi log bolo ge overpriced
Bhai Ford ne ecosport se india ko bataya ki compact suv bhi hoti hai... R achhi sales bhi hui .... But phir kya ...2012 se 2021 tak koi update ni... Bhai koi kyu lega ... Sales kaha se aayegi
We need to support VW group in India, they're the only one foreign manufacturer which makes safe cars in India, MS and Hyundai have a very questionable build quality.. Therefore, we need to support VW
@@advanced37 yeah, but I guess considering that VW sales are too low despite being active in Indian market unlike Toyota and Honda, I guess they need our support more then them.. But I do agree that we need to support every brand and it's product in India..🙂
But Companies ne bhi sahi se focus kiya hota aur ache models bahar se manufacturers karke becha hota toh inko high tax pay karke bhi profit nikalna jamta.... Yaha logonko imported goods waise bhi pasand hai.... Gradually joh model hit ho rahi hai within a year usko yaha manafacture kar sakte thae.... Maybe existing company se partnership karke base badha sakte thae...
I think u missed a point here.. our market is ready to buy dabba cars rather than quality cars.. and most of the automobile gaints from outside India did not compromize on the quality ... less margin for them due to these quality parameters.. but they continued making production hoping some day they will pickup up.. it never happened...
I think you don't understand international politics The company was knowing everything but they have not taken pain to even launch the car the expert are not made to seet they think but official don't give F cause they already have plan to leave india and make a news so that know company come to India If you don't understand you are kid Nahi to duster ka kya hua dekh rahe ho no update from 6year and they say that hamari car koi karidta hi nahi and after 2 year Nisan will leave india
love your video to watch and getting knowledge, but the only one thing is like distract while watching your video is "there is so much like filter effect on your video" please do the contrast level high & post the videos in its original look, you are handsome. thanks :)
All point could be right but not having service centre is irrelevant we hv multiple examples like Škoda Octavia 1st gen , cheve tavera, Renault Duster - all r super super hit models company 1st product without having service centre n parts
I feel that this channel has lost it's previous charm, and the topics covered are quite generic if one follows news. Channels like @Think School provide much more vibrant content, more engaging analysis and cover out of the box topics.
The main reason is tax if foreign companies sold car in Same price or little bit costly which they sold in their country i guarantee no foreign companies will left india ex Ford sell Mustang in 35 lakh in us if they sold same car in India for 36 38 lakh it will be the best selling car in India same example for other companies also
Major reason is indians prefer cheaper cars having less body weight which gives more milage in place of high performance , good service and good build quality cars like VW soda or ford for that matter
@@benudharmadhi4154 yes for sure they have good safety but i wish they can give after sales service and performance like the above brands as well... There are many issues with tata service centers
Convey i like your content and also like your way of teaching but something missing in quality of video about background and also some type sound. I think you should work on video editing. Thank you Thank you
Companies like VW,Ford,Fiat,Peugeot, Skoda,Honda,Jeep, Nissan,Chevrolet,Renault,Citroen should be available in India. They are the heart of car enthusiasts of the world. We hoped in future Bentley,Aston Martin, Lincoln(Ford),Maserati, Bugatti,Cadillac should come also. We hoped Ford and Toyota will bring their International models but things are going to wrong direction.We are decreasing the range of our choices.
Bro,Toyota ka Haryana mein koi plant hain balki Bangalore ke bahar bidadi mein kholi thi 90's mein uske bajai Maruti Suzuki ka plant milega wahape(Haryana).
The only problem with all these companies is that they don't launch new models in India as you can see Ford continued with 10year old models and now Toyota is doing the same with India. On the other hand Skoda and vw group launched new models and selling their cars in huge numbers and that's how Renault and Nissan did a comeback.
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Ford never compromised quality like kia and hyundai. Ecosport was an amazing car.
Agreed 👍
Now only VW is there with great build quality..
We need to support them
Good joke!
But the after sale service was pathetic... It was very difficult to search for their spare parts.... We have a Sedan of Ford, but it's maintenance is very costly, due to lack of parts
Meanwhile Maruti Suzuki: hold my beer
for all of those who are praising and supporting Indian companies that doesn't mean we should completely neglect foreign companies they are equally needed for our economic growth
True. We need their manufacturing & tech. Best option for us would be if they made cars in India and then exported those to EU, Australia, Canada, etc.
@@Kushagra.j 2 yrs down the line, Ecosport was most exported car from India.
@@vedant.patil8 hmm
MG,KIA,DATSUN,SUZUKI,HYUNDAI are all foreign companies and thriving in India.
@@Kushagra.j Hyundai does the same
If I have to sum it up ... #Taxation is actually an issue here. Whether you agree or not. Govt literally have their one hand in our pocket.
Just coz of govt taxation policy, many companies are leaving and setting up it's offices in other countries. India's taxation system has always been a major concern for foreign countries. Now by implementing 30% tax on crypto trading, the govt almost ended the crypto market and forced many companies to leave.
Is you are correct government importing way mor high taxes in automobile sector as compare to other country's in the world , that's why Indian people have very few options to buy car. So our government should give some relaxation in custom duties.
Piyush goyal : Don't get into those maths.😁
Shut up Anti national urban tukde tukde naxal gang!
Exactly, now there's gst on rent as well.. Making middle class life hell
Ford created Sub - SUV market in India, Ecosport. Ford / chevi never compromised on its quality unlike Kia and Hundai
correct
Exactly but Indian mass mentality is like "Oppo phone + back cover with Apple Iphone logo". So for many of us 2 airbag and cheap plastic interiors is okay but it must have sunroof and 7 inch touch screen. Sheesh 😒😒🤦♂🤦♂
Agree
Ummm.... did you forget Mahindra and Tata motors exist?
@@patil_siddhant how many cars from Tamo and Mahindra had 6 airbag , traction Control , Hill hold assist , rain sensing wipers , auto dimming IRVM , auto headlamps , EBD , Anti rollover protection etc before 5-6 yrs ? How many Tamo and Mahindra cars provide these features even today in 12lk segment car ? ( Ford gave all these in 7-8lk rs cars Figo , Freestyle, aspire)
once Our FM was saying, you can avoid eating Garlic and onion if they are expensive exactly like that one day she will say you may avoid purchasing Car if you are thinking taxes are high.
She already said low car sales are because millennials don't want to buy cars and not because of her generous tax rates.
Average gst on cars is 28 percent and additional tax is applied based on length from 5 to 22 percent. So total tax can go upto 50 percent 😅🤣
Plus, road tax in states like Karnataka is around 15%
And you have to earn 16 lakhs to have buying power of 10 lakhs if you are in 30% bracket. Registration charges is 16%.
@@sumithhh9379 it a little more than 19% for cars above 10 lakh
@@ranasingh15 you mean a citizen will have to borne 30% Income Tax, 28% GST and more than 19% state registration tax. This is crazy loot. Could be one of the reason middle class rapidly shifting to western countries.
@@sumithhh9379 you forgot compensation cess(1-22%) based on size and engine capacity of cars
Taxation is also a issue; but another point to consider is Legal bindings
Taxation is not an issue for Hyundai, Legal bindings ????????????????
Wrong, General Motors officially said they are moving away from all countries that have right hand wheel.. When it comes to Ford, Ford failed in all countries where sub compact car sells including Europe..
Even in USA Ford failed and stopped compact cars..
All US Companies are failing and even US journalists are covering how US failing due to focusing more on China centric products..
@@naughtyUphillboy
Not only for Hyundai,but for other companies too and in other sectors also
Nokia, Tata, Tesla
@@prasaddubley I doubt taxation is the cause of Auto failure.
Only when Reliance or Adani enters the automobile market the taxes will be lowered
Seems so
Yup
😂😂😂
💯 💯
True...
Seriously taxation is too high not only in automobiles but also some of the auto parts of 2 wheeler vehicles.Its not even 18% but 28% GST. A simple lever of whose base cost is 78 but gst is 28%. GST is somewhere failing.Its not remained simple tax but becoming a complex taxation system.Yesterday after getting serviced of my 2W, i understood this thing.
I think gst is not complex but may be government charging more....
Yes government wants money money
Yes tax has to be removed slightly
We don't need more investment in military and so much corruption is going everywhere
Even the GST is also calculated based on the shape of the car.Pranjal Kamra abd Neha Nagar had also made video based on this
Majority Indians want 50 inch touchscreen and air purifier instead of cars with good engine, transmission and dynamics combination, so tinzuki and hyundai dabba tincans caters to that majority really well.
😂😂 bro itna sach nahi bolna chahiye tha 😂😂😂😂😂😂
@@aazeenhussainali786 🗿🗿🗿🗿
Good engine bol kar tata ko support kar rha 😂😂
Tata ki engine ab reliable & refind ho chuki h. Well maintained cars easily cover 1 Lakh km running. Elecrical Faults bhi nhi aate ab toh.
A country cannot grow without R&D taxation is really a big problem in india
American automobile is facing lots of problems not just in Indian market but also in other markets as well. They haven't evolved with times they still live in their glorious days. If American automobile companies don't evolve with time they will meet the same fate like British automobile industry faced during the 1960's.
Ecosport and honda wrv could get more sales if they make timely update in their design and features like other companies. So taxation is definitely not the reason
But for them to make a new generation of cars the government takes tax 💀
@@iicarplaying1930 tax is taken by all car companies. Even hyundai or maruti pay tax.
Also Honda CR-V. Jo world ka top 5 most selling cars mei aata hai, lekin India mei struggle bhi nhi kar paayi.
But German brands like Skoda, Volkswagen doing well better than jeep,Nissan. they are very aggressive in indian market In term of other foreign brands.
It's because it's a big group of companie selling same engines frames and features in different looks
@@bharathrajakv1162 yes bro
skoda is Czech
@@NickElectro9000 yes
Skoda is Czech and not German.
Made in india is rising, i hope more companies like TATA AND M&M START IN INDIA
Maruti is not indian company.majority of its share around 56 percent is owned by suzuki motor corporation japan.same like tata own JLR.they do not change the name so the people feel that maruti is indian company.brand image is important.
Tata heavy vehicles price increasing 6 times 2020 upto 2022.
Assembled in india not made in india like the engine of tata harrier was made by fiat.
True 👍
Still the taxes are super high for Indian companies too.
My Jeep Compass 4*4, produced at Ranjangaon near Pune, India.
- Price ex tax and ex showroom ~ 18 lacs.
- Ex-showroom price = 26.76 lacs (GST 28%+ cess 20%)
- On road price ex insurance = 31.2 lacs ( tcs 0.75% + Maharashtra road tax (15%) + misc 1%)
Which = effective tax rate of 73%(31.3/18)
+ insurace of 85k
Total = 32.1 lacs
All of this after 30% marginal tax on my income.
Who says tax isn’t an issue ?
We should always be concerned about attracting many companies in india
If we keep supporting few companies then gradually they will have a Monopoly where as bringing foreign companies would keep a healthy competition and help us in growing overall
The taxation is inhuman. Imagine I buy a Fortuner worth ₹47 lakhs I am simply putting 18 lakhs in the pocket of government and the folks breaking their backs to manufacture the car make a measly profit of ₹40k.
Yes, taxation is not good. Especially in this time where things were already expensive due to war, yet they increased tax on essentials. But I think similar type of thing should be done in electronics industries. We dont have good Indian Smartphone and Computer brands and its taken over by Chinise brands. Thats very dangerous.
Ford nd Toyata have thought the indian companies how to give world class service to customers...
Ford 💙
Hahahahahahahahahahahahahaha
Ford has pathetic service
Toyota is known for its engine reliability.. no one will provide that much reliability
@@patil_siddhantPatil andhbhakt 😂😂
My fav ecosport 🥺🥺 jab mai student tha tab se sapna tha ecosport lene ka aur ab jab independent hu thik thak kamata hu toh company exit kr gyi😭😭😭
Most of the EV cars in India are being introduced by local Indian brands such as Tata and Mahindra, or the Chinese MG Hector. There is a great upsurge in the demand of these cars in recent months because of the high cost of fuel compared to the electricity. These companies are ramping up the production to cater to the market demands. Note also that there are a lot of companies which make smaller EV products such as scooters and autorickshaws (for which there is a huge market in India).
In my opinion, Tesla should work on its India package, which should include a small affordable car, a scooter and an auto. The long range of tesla battery packs will be their winning factor.
God save us from our finance minister 🙏🙏
😂😂
😂
🤣🤣
Save yourself from poor stupid people who do nothing and government has to pay them food etc
Me Lasaan pyaaj aur Tax nahi khati ji
-Nirmala
I have an eco sport but refused to sell it because of its ability to maneuver bad roads
Actually, Tax is the main reason for all these conditions.
Government should focus on Volume base Tax Collection. But They are focussing on a particular group of citizens. It is not good for our Economy.
It is best to collect 1 rupee from 100 citizens, instead of collecting 10 rupees from 5 citizens. I don't know why Government doesn't understand this.
Yess
But it will eventually decrease the standard of living of common people. For the welfare of middle and lower class families this system is good otherwise the income barrier will furthur increase.
Tata and mahindra is dominating might be thats why they are leaving. 🤝👍
Add Maruti as well.. though they are declining now
Honda and toyota does not care about indian market.they are top selling in north America,japan and other developed economics. I think that is why they see indian market as an optional market.
Thar😍
@@007_Sun_Tzu maruti is mainly owned by Japan
Majority stake Japenese company ke pas hai
Government ko foreign companies ko hatana hi hai.
Vocal for local.
If they(foreign companies) really wants to succeed in Indian market they should develop cars which are preferred here by people, means according to the markets demand. Otherwise they will be followed by losses only.
Already Indian market ke hisab se car banane ke chakkar me un logo ko apne cars ki quality drastically comprise karni pad rahi hai, same cars India ke comparison me doosre desho me kahi jyada better hote hai
Bcoz Made in India is rising ✨️ 🙌 😎 😍 👌 ❤️
Actually no, make in India is not rising, how many indian car companies have you seen rising, maruti has been there for 40 years, tata for the same period, and mahindra ig has been there for 60 years. So these taxes have nothing to do with good in make in India, rather it will create a oligopolist market where quality of goods provided will reduce drastically, foreign brands have much superior tech since they've been in business for 100 years, so we should focus more on inviting them
@@manavbansal8276 yup .
Those cars are expensive in terms of maintenance. Many indians can not afford that much expenses.
If this were to happen in 2019era or before then , it might have been a scary thing for India.
but During Lockdown our Very India Brands levelled up alot , I mean alot in the Auto-mobile sector.
At this point Even if foreign companies only sell Limited Models , India will have Tata , Mahindra .
And i think both of these have really great cars nowadays, Corrections are welcomed
SIR IF U SEE THERE WAS NEWS RUNNING WHERE IT WAS TOLD THAT THE TATA MOTORS IS PLANNING TO BUY ONE OF THE FORD PLANT SO WHAT CAN BE NEW PLANS FOR TATA MOTORS ACCORDING TO YOUR ANALYTICS ?
I have a ford fiesta and i am sure it is better than Verna ,i 20, honda city , Ciaz
Please make a video why Indian taxes are so aggressive and what are the consequences for that.
Hmmm good explanation. Goverment taxes is really a big issue. Idk how our FM is tackling these things.
It's good to see that Indian Automobile industry is performing good and growing well but on the other side taxation is still a issue here and the crypto is literally criminall yr i mean itna sara tax lete ho to tax ka pesa jata kider h kon kha jata h???
Whoever is reading my comment Don't you guys think the same🤔?Do let me know 👍
Ye log vai kuch din baad humare saans lena ka v cess laga denge🙄
Hn bhai bilkul lgta hai
@@hathorcorp.1832 Government h kuch bhi kr skti h 👀
@@d1vyvnsh okay bro 👍
Yea i think the same dude 30% tax on crypto profit is just baseless 🤢😭
Taxation, GST is biggest issue.. Also pertrol, diesel, CNG prising rises .. if no solutions are there then only Govt. Will earn new youngster will nt get new jobs.. Govt should think abt this to create new jobs & investor company nt staying in India is nt gd thing..
I don't think so gst is problem. Here, the problem is government charging more
@@sourabhdubey9481 partially it's issue..
@@SandeepPatil-np5dz but how just asking for information...
*Indians:- Tata will dominate in indian market*
Also their losses are increasing every year😂
Nice one
Source:- trust me 🤣😂🤣😂🤣
@@champaklaljayantilalgada842 see their loss chart of last 5 yrs
They generated a loss of 7400cr in 2021 even after the increase in sale
@@parthjain1496 In 2021 almost all companies get lose because of pandemic.
Mahindra*
Fords downfall started when they really tried to make cars tailored for Indian market like the figo and figo aspire .All their previous cars were amazing and successful and were not made thinking Indian market in mind.Ford is an enthusiast brand or was till they started making cars tailored for India which was a mistake they shouldn't have done.Please do your homework well
Figo was initially well received by the public but what I believe is Ford failed in providing after sales service. We hardly come to see any Ford service center. That's the main reason behind failure of American companies.
Issue is not totally with taxation. If taxation was the issue then VW should have quit Indian Market long back.
VW even launched global variants with little cost cuttings for efficient pricing. And they even increased local sourcing of parts as well.
Toyota has expertise in making SUVs and MUVs.
And Indian SUV market js growing rapidly. Best bet for Toyota would be to launch cars and constantly update them in various ranges of SUVs like Compact SUV, Mid-Size SUV, Full size SUV.
Innova Crysta and Fortuner itself have good brand image. Attempts to launch Urban Cruiser aren't paying back to Toyota. So I feel Toyota should work on their expertise of SUVs.
They can enter later with EVs.
I think Toyota isn't leaving India anytime soon as claimed by many in comment section.
My great Prasad Bhau by my inspirad ✨ love bhau from
Manasa jila Neemuch Madhya Pradesh ✨
My family uses ford and chevys since 2002 and i still drive a ford and i love my car.
The car companies should be facilitated with better taxation.
India needs good reliable cars with best and cheapest matainence. Even if the car is little 🤏 expensive it is fine, all Indians don't want the cheapest tin cars.
it should be low on mantainance.
Sir agar Toyota fortuner 40-54lakhs ki ex showroom aati hai. Jissme hmme kuch v nhi milta, 30 lakhs me hmme or v bhut se cars mil jaati hai jisme bhut se features hote hain. Sir 45- 50 lakh ki bmw ki sedan v aa jati hain jo ki feature rich hoti hain. Fir v agar Toyota bolti ki margin kamm hai toh kaise chalega sir.
High taxation, Petrol price, And Poor roads with Cows dogs Potholes Speed bumps !!!!! Shame to be world's 4th Largest economy with such poor facilities!!
Main thing is that there is a huge difference between the roads of Europe and india.
So manufacturers should make car according to india
Aamdani rupaiyya..... Kharcha dollar..... 😂😂 Kahaan se foreign brand survive kar payenge bhaiya...... 😂😂
If you ever collide Fiat Punto with Dabba Maruti Swift at 15km/hr
You will see the Difference between indian vs Italian Quality
Very well explained. I am planning to buy a car and this video surely helped me understand which brand I can consider
Having just Indian car companies lead the market will have Micromax effect, when they the leading phone sellers gives you crap and you have nowhere else to go to.
Please mention add timings in the description .. its so irritating to watch those advertisements if the person is watching your videos with so much interest 😂
Sir agar volumn game khelnekeliye tax kam kiya to gadi ke price kam ho jayenge uski vajese autombile sector badhega lekin lok bohot gadi lekar pollution aur road traffic badhakar phir pollution badhayenge which will damage us in future
Cars are not sustainable mode of transportation here. People might come and say that we need to have our piece of cake by having car just like people in west have but you need to realize that west has learnt the harm of car ownership and is rolling back to walkable infrastructure for better mobility between cities. It's good that taxes for cars are high to prevent extreme traffic situation in our cities. Also, it's not like everyone even has a parking space after purchasing a car.
You are wrong due to high tax we have not got very good safe and quality car
It's not just taxation. It is the number of competitors in the market. There are so many options in a category like hatchback, compact utility vehicle, SUV etc
The fact is these companies made masterpiece like Abarth, Ecosport, Cruze which are hard to beat even today. But the problem is Indian buyer. Here in India "JO DIKHTA HAI WO BIKTA HAI". That's why cheap cars like Carens, i20 and unreliable products like Nexon, XUV700 are selling more. Tata and M&M are known for unreliable producst and making sales in the name of Patriotism. Just go and check the percentage of unhappy Tata customers is way more than any of the brand which left India.
Best example for what I'm saying is, the substandart Skoda slavia is is made for India only with way too lower quality has more sales than the car like Rapid which was perfect in itself!
I am a happy customer of Tata
You are right sir
I have FORD ECOSPORT TITANIUM
Information provided Excellent.
Video editing need to be improved because when photos of cars are taken it shows black outlines of free cropping.
One thing I noticed which is negative is that in last 1 minute you have repeated statements or points telling about why Indian cars making companies are more successful than foreign companies which was already discussed in between the video.
After editing and all, before publishing on RUclips there should be a team to review the video so such mistakes can be avoided.
Overall keep going, doing great work.👍🏼
When you will release next episode of"Man Who Built India" ?
Do you know the taxes on Singapore? It's virtually impossible to buy a car unless you are a multimillionaire. Taxes are kept high on cars not just for revenue but to discourage people from buying too many cars. Given the population of India we cannot build enough roads for these cars. Already metro cities are struggling with traffic and pollution. That's why taxes are low on electric cars.
at 5:21 , toyota has only one plant that is in Bidadi, Karnataka . kindly mark the same 🙂
1. Taxation
2. Sub 4M SUV craze, which are actually crossovers. Global demand for this segment is almost none. So nt much models developed.
3. Fuel efficiency competency, which global brands couldn't compromise with their build quality to increase mileage.
4. Frequent new model demands in India. (Foreigners doesn't need new names only next generations of vehicles system goes on).
Per capita income at time stamp 5.50 seriously 1.5 lakh crore US se bhi zyada😂
The Chevy Tavera was most famous car years ago. Chevy should make a comeback with their Tahoe and Suburban models
most of them who are saying its better they are leaving , Indian brands are rising , should consider more the number of brands more is the competition and better benefit for customers
Still Tata is in loss , no profit margin bcz of aggressive taxation.
On the other hand companies like hyundai and kia are working wonders
टैक्स नही खून चूसते है जनता का , अभी तो विदेशी लोगो को भी पता चल गया, हम सैलरी लेते समय tax pay करे,फिर वो सैलरी से कुछ खरीदते वक्त भी tax pay करे, घर ले तब भी रजिस्टर करने का tax, flat लेते समय tax, गाडी लेते समय tax ,kaha nahi h tax , हर चीज मैं है टैक्स सिर्फ जो हम सास ले रहे है उसपे अभी तक tax nahi lagaya
I think Tata may have higher volume in sales, but Mahindra must be having higher profit share due to high sales in expensive cars.
When our own pm starts using range rover(Tata group) the it means we are on track …..
after range rover he shifted to mercedes maybach.
Tata heavy vehicles price increasing 6 times 2020 upto 2022.
It's chosen by NSG not by PM
And now it's Mercedes
I don't think it was because of Indian or non Indian. That decision would be 100% based on security
Just because you own the parent company doesn't mean it becomes an Indian product. Range rover is still seen as a British product not an Indian one. Tata has nothing to do with its success or brand value.
Volvo is also owned by China but does anyone consider Volvo as a Chinese company?
Corona k wajah se to automobile industry ka sales growth hua h. 2019 me corona peak pe tha and as per your graph usi year sbse jada cars bike h
Bcz of tax everyone is leaving india 🤕
Dukhi hone ki kya jarurat hai jab INDIAN COMPANIES Rise kar rahi hai?
@@ayushjasani4176 Tata in huge losses
And Mahindra earning very less profits according to their sales
@@ayushjasani4176 really ? Baat high taxes ki hai... Jab bhi kuch earn kro ye govt katora utha kar sabse pehle aa jaati hai & jab spend karna ho tab bhi...
Aur badle me kya deti hai ? ??? A good healthcare ? Quality education ? Crime & corruption free states ?
Ab crypto ko hi lelo... regulate nahi karenge pr kuch earn kiya to katora utha kar sabse pehle jarror aa jayenge.
@@ashishsheokand6141 Aapki baat sahi hai ki GOVT. har jagah TAX ghusaad deti hai lekin, Corruption aaj ke time mein bahut kum ho gaya hai. Kitne Politicians aaj pakde jaa rahe hai. U.P. ka example lelo. Waha pe CRIME kitna kum hua hai, news channels ko utha kar dekh lo. Bade-se-bade gunde aaj JAIL mein hai aur bahut se gunde SURRENDER kar chuke hai. ECONOMIC GROWTH dekh lo. Kitni jyada BHAR-BHAR ke INVESTMENT aa rahi hai INDIA mein
@@ayushjasani4176 yarr, chamcho ki to baat hi mt kro, means news channel ki...
& un pakde gye politicians me se kitne ruling party wale hai ?
Actually i hate, baat baat pe katora utha kar aane wali aadat & usko efficiently use na karna !
Tbh I'm not that worried...all the companies which have left india are struggling globally be it the American brands like Ford, Chevrolet or some like Mitsubishi
Hardly anyone has left who only struggled in india
Tata will grow bro ❣️❣️
Tata heavy vehicles price increasing 6 times 2020 upto 2022.
Cancerous companies like Tata Motors should be eradicated. Tata Motors is still using foreign made engines.
👏🎩 Hats off to all the people commenting here.. All are knowledgeable & educated.
Agree with a lot of points here, except the taxation on crypto - the govt knew what it was doing in this case and earning money by taxing crypto wasn't the motive. The taxation on crypto is doing what it was supposed to do, and If the companies have chosen to move away, good riddance!
If earning taxes on crypto was not the motive then what is ? What else taxation on crypto is supposed to do ?
Discourage ppl from investing in crypto, atleast in the current form. Yes there could be an argument that why not just ban it, which I honestly don't have an answer for just that it might be a way of buying time until a policy around crypto could be framed. Or it could just be inefficiency like we have in case of car taxation.
@@remdevbeba7531 people earn money from crypto but tax shouldn't be imposed??
@@RajSingh-yd8ue 30% tax?????
Most important and key step is continuously launching of customer centric cars in India. Toyota and Honda only having 2-2 car model in India but still surprised with there survival. Earlier, Ford and GM could not able to provide latest models. New Kia and MG is doing great business.
Hyundai Kia are working in India by selling unsafe products
Due to all this Skoda vw have also reduced their build quality
First told finance ministe taxation kam kare agar...kia Hyundai vw and skoda bhar jo product manufacturer kare rahe uski price bhut kiya da hai...agar vahi product isi build quality ke saath bech ne lage to yaha price bhut increase ho jayega...fir tum hi log bolo ge overpriced
Bhai Ford ne ecosport se india ko bataya ki compact suv bhi hoti hai... R achhi sales bhi hui .... But phir kya ...2012 se 2021 tak koi update ni... Bhai koi kyu lega ... Sales kaha se aayegi
I want to buy volvo xc60..
but the price is too high as compared to usa
What's price kiddo
@@Watermelon_494 65L inr
@@ratz.gameplay usa Mai
@@Watermelon_494 38L inr
its very good that indian companies are more stronger than outsiders....even though taxation is a problem ....these indian companies will thrive
We need to support VW group in India, they're the only one foreign manufacturer which makes safe cars in India, MS and Hyundai have a very questionable build quality..
Therefore, we need to support VW
We should support every foreign car company
@@advanced37 yeah, but I guess considering that VW sales are too low despite being active in Indian market unlike Toyota and Honda, I guess they need our support more then them..
But I do agree that we need to support every brand and it's product in India..🙂
Did you forget MS, Hyundai or any other brand cater to public demand?
@@patil_siddhant did they have the build quality which we desrve??
@@gaurango_o1891 Make enough noise and companies will deliver. But unfortunately, 1 can't win against 100.
But Companies ne bhi sahi se focus kiya hota aur ache models bahar se manufacturers karke becha hota toh inko high tax pay karke bhi profit nikalna jamta....
Yaha logonko imported goods waise bhi pasand hai....
Gradually joh model hit ho rahi hai within a year usko yaha manafacture kar sakte thae....
Maybe existing company se partnership karke base badha sakte thae...
I think u missed a point here.. our market is ready to buy dabba cars rather than quality cars.. and most of the automobile gaints from outside India did not compromize on the quality ... less margin for them due to these quality parameters.. but they continued making production hoping some day they will pickup up.. it never happened...
Look matters bro 🤣
Are you serious bro kharidne wale land cruiser book kar ke bethe he XUV700 aur new Scorpio n are they chepp cars with wating period more then two year
baat outside county can afford expensive car..does happen in India..?
I think you don't understand international politics
The company was knowing everything but they have not taken pain to even launch the car the expert are not made to seet they think but official don't give F cause they already have plan to leave india and make a news so that know company come to India
If you don't understand you are kid
Nahi to duster ka kya hua dekh rahe ho no update from 6year and they say that hamari car koi karidta hi nahi and after 2 year Nisan will leave india
love your video to watch and getting knowledge, but the only one thing is like distract while watching your video is "there is so much like filter effect on your video" please do the contrast level high & post the videos in its original look, you are handsome. thanks :)
Indian government goes to ban Chinese mobile under 12k what effect on Market
Samsung and others brands will raise and capture market.
33% of people in India buy phones less than 12k
Make something on Suzuki about Indian indigenous car companies. Why they are not a global name and can't compete Toyota
Macanic ke pas kao to nexon 2 air bag 1,00,000 mangta hai Nitin Gadkari buck buck kerta hai 800 rs dimag kherab hai uska
All point could be right but not having service centre is irrelevant we hv multiple examples like Škoda Octavia 1st gen , cheve tavera, Renault Duster - all r super super hit models company 1st product without having service centre n parts
I feel that this channel has lost it's previous charm, and the topics covered are quite generic if one follows news. Channels like @Think School provide much more vibrant content, more engaging analysis and cover out of the box topics.
my relative bought ford car but it was not made for indian roads. when we used it on rural roads, it used to hit the car floor badly
Indian deserves tin k dabbe of maruti
Well researched ❤
Thanks Convey , Another educational video . You guys are good
The main reason is tax if foreign companies sold car in Same price or little bit costly which they sold in their country i guarantee no foreign companies will left india ex Ford sell Mustang in 35 lakh in us if they sold same car in India for 36 38 lakh it will be the best selling car in India same example for other companies also
pls bhai make vedio on how to review a good management of any company. 🙏🙏
Hi Prasad Bhai, not receiving watch later notification.. please check
Major reason is indians prefer cheaper cars having less body weight which gives more milage in place of high performance , good service and good build quality cars like VW soda or ford for that matter
But Tata and Mahindra have a good safety rating
Because indians are poor😂
@@benudharmadhi4154 yes for sure they have good safety but i wish they can give after sales service and performance like the above brands as well... There are many issues with tata service centers
@@aayushbhatt4063 yeah but you have to consider also the per capita income of this country,
Convey i like your content and also like your way of teaching but something missing in quality of video about background and also some type sound. I think you should work on video editing.
Thank you
Thank you
Bhai thumbnail pr aisi pic mat lagaya karo pls jagta hai dast aur kabj saath mai ho gyi hai
🤣
Companies like VW,Ford,Fiat,Peugeot, Skoda,Honda,Jeep, Nissan,Chevrolet,Renault,Citroen should be available in India. They are the heart of car enthusiasts of the world. We hoped in future Bentley,Aston Martin, Lincoln(Ford),Maserati, Bugatti,Cadillac should come also.
We hoped Ford and Toyota will bring their International models but things are going to wrong direction.We are decreasing the range of our choices.
bro you said indias per capita is 1.5 lack crore🤣🤣
He got me out of my seat with that statement
Bro,Toyota ka Haryana mein koi plant hain balki Bangalore ke bahar bidadi mein kholi thi 90's mein uske bajai Maruti Suzuki ka plant milega wahape(Haryana).
Distrub foreign player by increasing tax so that they leave country and then atamnibar bharat by default 😂. Same they did with mobile manufacturing.
The only problem with all these companies is that they don't launch new models in India as you can see Ford continued with 10year old models and now Toyota is doing the same with India. On the other hand Skoda and vw group launched new models and selling their cars in huge numbers and that's how Renault and Nissan did a comeback.