· Policy & Manufacturing · Source: ndtv.com

India-EU FTA May Boost India's Small Luxury Car Market, Says BMW India CEO

BMW Group India CEO Hardeep Singh Brar said the proposed India–EU Free Trade Agreement could expand India’s small luxury car market by lowering customs duties on imported vehicles. He noted that reduced tariffs would boost trade, enable technology exchange, and allow luxury carmakers to introduce more global models, while supporting India’s long-term automotive growth.

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