Technology

India to slash tariffs on high-end EU cars from 110% to 30% in boost for luxury carmakers

January 28, 2026 0 views 1 min read
India to slash tariffs on high-end EU cars from 110% to 30% in boost for luxury carmakers
India has significantly slashed import duties on high-end European cars to as low as 30% under a new trade deal with the EU. This move opens India's tightly controlled luxury car market to brands like BMW and Mercedes-Benz, with phased reductions also planned for electric vehicles.