India has shed import duties on European cars, opening its long-protected auto industry from global competition.
Under the proposed framework, India will lower import duties on a limited number of EU-made cars priced above €15,000 to 40% ...
A key part of the discussion is around import duties on cars. Under the deal, import duty on fully built imported cars, known as completely built units, could be cut sharply from around 110% to nearly ...
India has reportedly proposed eliminating tariffs on steel, auto components, and pharmaceuticals—up to a specified import quota—on a reciprocal basis as part of its trade negotiations with the United ...
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 ...
European cars from auto makers like Volkswagen, Mercedes-Benz and BMWs may get cheaper in India as the country is planning to ...
Auto stocks Tata Motors, Mahindra & Mahindra, and Maruti Suzuki India dropped up to 5% amid concerns over increased ...
Import duty cuts on labour-intensive sectors such as textiles and footwear, as well as cars, and wines, are likely to be part of the free trade agreement between India and the 27-nation bloc European ...
Aug 4 (Reuters) - Bosch (BOSH.NS), opens new tab reported a higher first-quarter profit on Monday, helped by strong sales of spare auto parts to passenger and off-highway vehicles as well as demand ...
Aug 11 (Reuters) - Tyremaker Goodyear India (GDYR.BO), opens new tab reported a 43.6% fall in first-quarter profit on Monday, hurt by dampened automobile demand. The net profit of U.S.-based Goodyear ...