Скачать или смотреть India-EU FTA: Duties On Luxury European Cars To Drop to 40% | Business News | ET Now

India-EU FTA: Duties On Luxury European Cars To Drop to 40% | Business News | ET Now

As part of the recent India-EU Free Trade Agreement, import duties on luxury European cars are set to be slashed from 110% to 40%, according to government sources.

The move opens up significant opportunities for European automakers, potentially making premium vehicles more price-competitive in India. However, the agreement also comes with guardrails and conditions aimed at protecting domestic manufacturing and ensuring fair competition.

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