The Economic Times

India to allow import of 3.78 lakh UK cars at concessional duty in first 15 years of trade pact

India will allow imports of up to 3.78 lakh conventional-engine passenger cars from the UK at concessional duties under a new trade pact starting July 15. Import duties will fall from 110% to 10% with quotas, while Indian electric and hybrid cars will gain duty-free access to the UK market from the sixth year.