India, EU and FTA
Digest more
Indian auto parts makers, already struggling with weak domestic demand, now face the risk of losing sales in their top overseas market as U.S. President Donald Trump’s import tariffs ripple through global car manufacturing. Trump had initially taken aim ...
French auto major Renault expects the signing of the historic India–EU Free Trade Agreement (FTA) to drive a sharp rise in export volumes of left-hand-drive cars and auto components to European markets, while strengthening its plans to position India as a global export hub.
India has suggested a limited zero-tariff framework for imports of steel, auto parts, and pharmaceuticals from the United States. The proposal describes reciprocal duty-free access, which Indian trade officials made during a recent visit to Washington.
Indian automobile component manufacturers, who have been catering to international car companies, are taking additional value out of the supply chain by getting involved in the designing of auto parts. With strong engineering skills, design and development ...