Primus In News
India-UK FTA: Fillip to luxury car segment? Here is what experts think
07-05-2025
Nikhil Dhaka, Vice President, Primus Partners, highlighted that the India-UK Free Trade Agreement significantly benefits India’s automotive sector by reducing import duties on UK-made luxury cars like Jaguar Land Rover, Mini, and Aston Martin from over 100% to 10% under a tariff quota, enhancing consumer options and pushing local manufacturers to improve competitiveness.
Explore Related Insights
- M&A in India: Deals see a resurgence in 2024
- Bajaj Auto gears up to reclaim top spot with game-changing CNG-powered entry-level bike
- 5G spectrum auctions fetch ₹1.5 lakh crore – more than half of it comes from Reliance Jio
- Institute for Competitiveness and Primus Partners launch their Dialogue Series on Digital India Act