Swaraj Baggonkar

1 week ago | financialexpress.com | Nitin Kumar |Swaraj Baggonkar

The conclusion of the bilateral India-UK free trade agreement (FTA) is poised to become a game-changer for India’s premium automobile segment. As part of the agreement, import duties on a fixed quota of fully built vehicles from the UK will drop dramatically from over 100% to just 10%, setting the stage for an aggressive expansion by British luxury car brands in India.

1 month ago | financialexpress.com | Nitin Kumar |Swaraj Baggonkar

Indian auto component manufacturers will face significant blow following US President Donald Trump’s decision to impose a 25% tariff on imported cars and auto parts from April 2. Industry analysts said that component makers are expected to bear the brunt more than vehicle manufacturers, with Tata Motors’ subsidiary Jaguar Land Rover (JLR) being an exception.