India-UK FTA opens door to 3.78 lakh British car imports at cut duties over 15 years
The bilateral trade pact carves out a 15-year quota allowing 3.78 lakh UK-made vehicles into India at concessional tariffs, reshaping premium auto retail dynamics. JLR, Bentley and Aston Martin gain runway, while domestic EV makers retain protection in the mass-market segment.
India-UK trade pact permits 3.78 lakh British car imports at lower duty over 15 years, expanding access to India's premium auto retail segment while protecting domestic mass-market EV players.
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