Anurag Singh, Advisor, Primus Partners, highlights that the Indo-UK Free Trade Agreement (FTA) mainly benefits niche segments of the Indian auto industry. While it allows lower-tariff imports of British luxury cars and supports Indian EV and hybrid manufacturers, its impact on the broader vehicle market is minimal. The key advantage lies in tariff elimination for Indian auto component exports to the UK, boosting trade volumes, foreign investment, and technology partnerships. The FTA is seen as a strategic move towards global integration for premium and component manufacturers.