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The Economic Times

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Budget 2026: Luxury car makers seek duty reforms to spur premium car demand

Union Budget 2026: Mercedes-Benz India advocates for reduced customs duties on imported luxury vehicles, which could enhance sales within the high-end market and ultimately elevate government tax revenues. Additionally, maintaining a stable rupee along with effective fiscal policies is essential for the growth of this luxury segment. Furthermore, robust road infrastructure is pivotal in stimulating demand for premium automobiles.

18 Jan 2026 10:55 am