7 Articles
7 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.
EU to allow 2.5 lakh Indian cars annually at 8% duty under FTA
The European Union will permit 2.5 lakh Indian passenger vehicles annually at a reduced 8 percent duty. This import duty concession will gradually decrease to zero percent over five years. Quotas for electric and hybrid vehicles also receive phased duty reductions and increases. Certain Indian agricultural and processed food items will also benefit from duty…
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.
India-EU FTA: EU To Allow 2.5 Lakh Indian Cars At 8% Duty, Quota To Rise To 4 Lakh
The European Union will allow 2.5 lakh Indian-made passenger vehicles annually at an 8% concessional duty under the proposed India-EU free trade agreement. The quota will gradually rise to 4 lakh vehicles, while duties will eventually fall to zero. Separate concessions will cover electric and hybrid vehicles
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