India-EU FTA likely to cut auto import duties, may spur surge in luxury EV imports
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The Economic Times
India
2h
India-EU FTA likely to cut auto import duties, may spur surge in luxury EV imports
India and the European Union are nearing a free trade agreement that could slash import duties on automobiles, including electric vehicles, to 10-15%. This move is anticipated to boost European luxury EV sales in India and position the country as a competitive manufacturing hub for these vehicles. »»»
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