EU-India trade deal falls short of car industry goals

Government

European automakers are finally getting access to the Indian market through the free trade agreement signed Tuesday, but the EU-India deal comes with strings that will continue to limit exports. Until now, EU car suppliers had been throttled by a prohibitive 110 percent Indian tariff that put their cars out of reach to all but the most affluent buyers. Thanks to the deal, automakers can now export 100,000 combustion engine vehicles and pay a 40 percent tariff. The bigger prize comes later, when

EU-India trade deal falls short of car industry goals https://www.politico.eu - 27.01.2026 08:27

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EU-India trade deal falls short of car industry goals https://www.politico.eu - 27.01.2026 08:27