India-UK CETA slashes British luxury car duties 110% to 30%, cutting prices up to ₹3 crore
Effective July 15, the India-UK trade pact cuts customs duty on British luxury cars from 110% to 30%, translating to 20-25% price reductions. JLR has already cut Range Rover prices, with imported luxury sales expected to double and JLR's market share climbing from 3-4% to 7-10%.
India-UK CETA effective July 15 slashes customs duty on British luxury cars from 110% to 30%, cutting prices up to ₹3 crore. JLR already cut Range Rover prices; imported luxury sales expected to double.