India-UK trade deal signals Modi's priorities as New Delhi eyes EU

01/08/2025

India has significantly lowered import duties on luxury British cars under the newly implemented UK–India trade agreement, cutting rates from over 100% to as low as 10%, benefiting brands like Jaguar Land Rover, Rolls-Royce, Bentley, and Aston Marti

However, electric vehicle (EV) tariffs remain unchanged for now, suggesting a phased approach to liberalization in key emerging sectors -Reuters.

India's move to reduce luxury car import duties from the UK signals a strategic shift toward selective trade liberalization. It balances opening markets with protecting domestic industries, and could pave the way for future agreements with the EU and U.S.