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2025

India's auto sector duty concession offer to UK under FTA is very nuanced: Official

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India's FTA with the UK offers nuanced duty concessions for the auto sector, linking relaxations and quotas to engine capacity and vehicle prices. Import duties will be reduced over 10-15 years with adequate safeguards for sensitive sectors. The agreement aims to double two-way commerce by 2030, benefiting companies like Tata-JLR.



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