More BMWs, Mercedes? India-EU deal could spur sixfold jump in car imports
4 Articles
4 Articles
More BMWs, Mercedes? India-EU deal could spur sixfold jump in car imports
The total country-specific quota falls under two parts, whereby the FTA component comes in at 0.69 million tonnes and the most favoured nation component, available to all partner countries, stands at 0.95 million tonnes.
Discover how the India-EU Free Trade Agreement allows importing 1 lakh cars at lower duty rates. Read the complete tariff details and timeline for 2026.
The free trade agreement between India and the European Union will open up huge tax cuts and new export opportunities for Indian cars and agricultural products.
The India-Europe trade deal is opening major doors for the Indian auto sector. Now, millions of Made-in-India cars will arrive in Europe every year, boosting the country's exports. Agricultural products will also benefit.
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