BMW Sees India-EU Trade Deal Boosting Luxury Car Market & Local Production
Автор: NewsX Live
Загружено: 2026-01-26
Просмотров: 1620
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BMW India believes the India-EU Free Trade Agreement could transform the country’s tiny luxury car market, currently just 1% of all passenger vehicles. By lowering customs duties on imported cars, including CBUs that account for 5% of BMW sales, the pact is expected to expand portfolios, drive demand, and encourage supply chain integration and localisation—without affecting the mass market. This historic trade deal comes amid geopolitical shifts, promising significant opportunities for India’s automotive industry and global partnerships.
#BMWIndia, #IndiaEUFTA, #LuxuryCarsIndia, #AutomotiveNews, #TradeDeal, #ImportedCars, #CarIndustry, #LuxuryVehicles, #IndiaEconomy, #CBUImports
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