· Policy & Manufacturing · Source: thehindubusinessline.com

India-EU FTA to help 2-wheeler OEMs to expand footprint in European market

The India-EU Free Trade Agreement is set to create new opportunities for Indian two-wheeler manufacturers to expand in the European market. Lower duties and improved market access are also expected to benefit the auto component sector, encouraging European manufacturers to increase sourcing and production from India, with long-term positive implications for manufacturing-led industries.

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