India-UK FTA: Quota for cars to be based on engine capacity, price

India-UK FTA: Quota for cars to be based on engine capacity, price

Image used for representation | Photo Credit: Reuters The lower import tariffs of 10% on the auto sector agreed under the India-United Kingdom Free Trade Agreement will incorporate different bands for automobiles for the purposes of the quota, according to a senior government official. “The quota will have different bands for ICE (internal combustion engine) […]

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