India-EU Trade Deal: Luxury Car Prices Could Fall Significantly, with Ordinary Buyers Benefiting Directly - The Khabar Non Stop

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Even before the EU-India Free Trade Agreement comes into force, German companies are planning concrete investments on site. Few developments dampen optimism.

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If you've ever dreamed of buying a luxury car like a Mercedes or BMW, but backed off at the price, that could change. A major trade agreement is underway between India and the European Union. This agreement could directly impact your pocketbook. The reason is a significant reduction in import duties. Until now, when foreign-made cars arrived in India, their price would nearly double due to taxes. But this new proposal could ease this burden. If …