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Auto industry weighed down by forex pressure
Business Standard
|December 05, 2025
India's auto industry- especially the high-end and luxury cars is facing forex pressure as the Indian currency depreciates against both the US dollar and the euro.
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Most of the luxury cars are imported from Europe, either in completelyknocked-down (CKD) form and assembled in local plants, or as completely-built-units (CBUS). With the rupee (₹) sliding vis-à-vis the Euro by almost 15 per cent yearto-date, the luxury original equipment manufacturers
This story is from the December 05, 2025 edition of Business Standard.
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