India has shed import duties on European cars, opening its long-protected auto industry from global competition.
Benz, BMW and Audi operate assembly plants in Maharashtra and Tamil Nadu, where they manufacture cars using CKD kits.
Under the proposed framework, India will lower import duties on a limited number of EU-made cars priced above €15,000 to 40% ...
The Indian automobile industry reacted positively to the India-US trade deal, viewing it as an opportunity to boost exports ...
Industry leaders say the India-EU free trade agreement could unlock a major export opportunity for Indian manufacturing by giving zero-duty access to Europe’s $3-trillion import market, while boosting ...
The industry is now awaiting detailed US notifications outlining the precise scope, timelines, and eligibility criteria for ...
Indian auto parts makers, already struggling with weak domestic demand, now face the risk of losing sales in their top overseas market as U.S. President Donald Trump’s import tariffs ripple through ...
Lower import duties will sharpen competition on features, safety and tech, say analysts; components makers seen gaining ...
India has suggested a limited zero-tariff framework for imports of steel, auto parts, and pharmaceuticals from the United States. The proposal describes reciprocal duty-free access, which Indian trade ...
India's new trade pact with the EU provides a massive auto quota, benefiting European manufacturers with reduced tariffs and ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Indian auto parts makers, already struggling with weak ...