India-EU FTA to cut car import tariffs sharply, but market challenges remain, say experts

The India-EU FTA comes at a crucial time for European carmakers, which are facing mounting pressure from higher US import tariffs and fierce price competition in China. The sharp cut in Indian import duties offers welcome relief and opens up new opportunities for companies such as Volkswagen and Renault,

India to slash tariffs on high-end EU cars to 30% in boost for luxury carmakers

By Shivangi Acharya and Aditi Shah NEW DELHI, Jan 28 (Reuters) - India will immediately slash duties on high-end European cars to 30% from as high as 110% under its new trade deal with the EU, an official said,
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Luxury Cars At Cheaper Price in India? New Delhi Plans to Cut EU Car Tariffs from 110% to 40%

Luxury European cars could become more affordable in India as New Delhi considers cutting EU car tariffs from 110% to 40%. Find out which cars may get cheaper and how this could affect buyers.

India–EU FTA: New Delhi likely to cut car import tariffs from 110% to 40% - report

India is set to significantly slash import duties on European cars, potentially to 40% from over 100%, as a free trade agreement with the EU nears conclusion. This move opens India's auto market, benefiting European brands like BMW and Volkswagen,

India Is Slashing Tariffs For European Cars, But Not All Are Welcome

European brands could finally break into India’s car market, as the country prepares to slash import tariffs after decades of protectionism

India-EU FTA Explained: Impact On Auto Sector And Car Prices

Under the India-EU free trade agreement, the tariffs on cars made in the European Union from brands like Mercedes-Benz and BMW could fall.

Mercedes-Benz, BMW Dream Cars To See Massive Price Drops In India - Here's Why

Buying an imported car from Europe will now become more accessible for Indian car buyers. The latest Free Trade Agreement between EU and India has confirmed that import duty on European cars will now be reduced from 110 percent to 10 percent.

BMW to launch 10 new cars in India and hike local sourcing to expand luxury sales

BMW will launch 10 new cars in India this year, including EVs and its popular MINI brand, while boosting local sourcing to lower costs as luxury car sales in the country remain stubbornly small, its India CEO told Reuters.