Group 1 - India plans to reduce tariffs on cars imported from the EU from a maximum of 110% to 40%, marking the largest market opening to the EU to date [1] - The Modi government has agreed to immediately lower tariffs on EU cars priced over €15,000, with tariffs set to gradually decrease to 10% [1] - The anticipated free trade agreement is expected to boost bilateral trade and enhance exports of Indian textiles and jewelry [1] Group 2 - Currently, European car manufacturers hold less than 4% of India's annual car market of 4.4 million units, which is dominated by Japanese Suzuki and local brands Mahindra and Tata [2] - Local brands account for two-thirds of the market share, while the Indian market is projected to grow to 6 million units annually by 2030 [2]
印度将在与欧盟的贸易协议中将汽车关税削减至40%
Shang Wu Bu Wang Zhan·2026-02-07 04:49