The India-European Union trade deal has raised concerns around its possible impact on the Indian automobile sector. However, early analysis from global brokerages suggests that the effect on most carmakers may remain limited, at least in the near to medium term.
A key part of the discussion is around import duties on cars. Under the deal, import duty on fully built imported cars, known as completely built units, could be cut sharply from around 110% to nearly 40% in the in
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