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India-UK FTA: Fillip to luxury car segment? Here is what experts think
Primus In News
India-UK FTA: Fillip to luxury car segment? Here is what experts think
07-05-2025

Nikhil Dhaka, Vice President, Primus Partners, highlighted that the India-UK Free Trade Agreement significantly benefits India’s automotive sector by reducing import duties on UK-made luxury cars like Jaguar Land Rover, Mini, and Aston Martin from over 100% to 10% under a tariff quota, enhancing consumer options and pushing local manufacturers to improve competitiveness.

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