Under the recently concluded India-EU FTA, India will lower the tariffs on cars gradually from 110% to 10% with a quota of 250,000 vehicles a year. Sources explained that there are three price buckets for cars and each will have a separate quota and a gradual reduction in tariff.

PM Modi hails India-EU FTA as a “game-changer,” promising new opportunities for youth, startups, and industries across 27 European countries

Free Trade Agreement (FTA) marks a major step in bilateral trade relations, but it is unlikely to lead to lower prices for European car brands in India in the near term. Automakers and analysts say the agreement’s phased structure,

India–EU FTA opens access to the EU’s $750 billion electronics market, boosts export prospects and prompts industry calls for policy certainty ahead of Budget.

The country has also safeguarded sensitive sectors, including beef and poultry, fish and seafood, cheese, maize, corn, fruits and vegetables, nuts, edible oils, spices and tobacco, the ministry said.

India-EU FTA duty cuts on machinery promise reduced semiconductor fab setup costs, enhancing global competitiveness and facilitating innovation.

Will the Land Rover Defender really be as affordable as the Toyota Fortuner, with the India-EU FTA deal in place? Here's how much it will cost and how.