You are absoultely right. And the reason for this high price is the huge tax component that forms a part of this price. The government of India considers almost all consumer goods as luxury items and put them in the highest tax bracket. And did you know that the cost of buying a sedan car in India is 30-40% more than the US rates. This 30-40% is just tax going for goverment's wasteful expenditure and in the hands of corrupt politicians. The manufacturers cannot be blamed for this. The goverment is solely responsible. The service tax has been going up by 2% for the last 3 years. And only the goverment has to be blamed for the current inflation levels.
