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FTA: British luxury vehicles likely to be cheaper in India
May 08, 2025
|The New Indian Express Hyderabad
BRITISH luxury cars are poised to become cheaper in India following the India-UK free trade agreement (FTA).
Analysts expect brands like Aston Martin, Bentley, and Rolls-Royce to benefit the most as import duties on these vehicles are set to drop from the current 100% (and above) to just 10%.
The biggest winner could be Tata Motors' British arm Jaguar Land Rover (JLR). With JLR models soon attracting only 10% duty, analysts predict a substantial cut in retail prices across its lineup in India.
Two-wheeler maker TVS Motor is expected to benefit from the FTA.
هذه القصة من طبعة May 08, 2025 من The New Indian Express Hyderabad.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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