India-UK FTA effective July 15, 2026: Scotch, luxury cars, EVs, cosmetics set to get cheaper
Import duties collapse under the India-UK FTA from July 15, 2026: cars 100% to 10%, EVs 110% to 10%, Scotch whisky 150% to 40%, cosmetics 40% to 0%. Quota allows 3.78 lakh UK vehicles into India over 15 years, reshaping premium retail pricing across auto, spirits, and beauty.
India-UK FTA effective July 15, 2026 slashes import duties on UK cars (100% to 10%), EVs (110% to 10%), Scotch whisky (150% to 40%), and cosmetics (40% to 0%), enabling cheaper premium imports and 3.78 lakh vehicle entries over 15 years.