India and the UK have concluded a historic trade deal, which should promote the motor vehicle sector of our country, as well as disclosure with the opportunity to import cheap for the two countries. As part of the Free Trade Agreement, India will reduce the tariffs on the “high-end cars” imported from the UK to the current 100 percent. Meanwhile, “India will benefit about 99 percent of tariff lines from tariffs, which will cover about 100 percent of the trade value,” the release states. However, quota will be installed for automobile imports on both sides.
British luxury cars to become more cheap
To reduce cars from JLR, Aston Martin, Bentley and Rolls-Royce Price
As the duties on imports from Made-in-UK cars will decrease significantly, like a car manufacturer JLR, Aston Martin, Bentley And Rolls Royce – All of which are manufactured in the UK and imports models in India – possibly the price reduction in their respective portfolio will benefit. The press release by the UK government states that it has achieved “India’s best compromise on the rules of origin”. This indicates that cars exported to India may not require local content to follow new tariff rules.
The number of models from the two governments still has the number of models that will be tariff-free, and which forms the “high-end car”.
650 crore rupees for imported cars from Britain to India in 2024
In 2024, India imported cars worth Rs 650 crore from Britain, while motorcycle imports were for Rs 30 crore; The Site of the Government of India also lists auto parts worth Rs 1,150 crore during the year. Of luxury brands present in India Mercedes Benz And BMW To Bentley, Ferrari And Rolls Royce- JLR Is responsible for imports of over Rs 500 crore.
Triumph bike manufactured in Limited Edition of Britain will be cheaper
Free trade agreement will also mean limited-culture victory bike, such as Rocket 3 Avel Niavel EditionThe price is also expected to be low, as they are brought directly from the UK. We have to wait and see how much quantity is there when further clarification is provided.
Car manufacturer and bike manufacturer in India can benefit
Mahindra, Maruti Suzuki, Toyota, JLR, Royal Enfield, TV and Bajaj can avail tariff eradication on imports to Britain
India-UK Free Trade Agreement will also be beneficial for the manufacturers of India MahindraRoyal Enfield, TVS and Bajaj, and international companies that manufacture in India, such as JLR, Maruti Suzuki And ToyotaThese brands are currently importing or planning to import the Made-in-India models in Britain.
Mahindra Executive Director and CEO, Auto and Farm Sector, Rajesh Jejurikar had said that the brand was launching Ho 6 And XUV 9E In Britain, “We plan to move to the European Union with our electric vehicles at some point in the future, but it will happen in a calibrated way. We will first drive with right hand and then go to the left hand drive.” The FTA will competently help in the price of Mahindra’s EVS between other similar sized E-SUVs in the UK market.
Maruti and Toyota’s first EVS, E vitara And Urban cruiserRespectively, Suzuki’s Gujarat plant is being produced for domestic sales and exports including the UK. The Free Trade Agreement will help the Japanese company’s EVS to be well priced for the UK market, where it can also go against Mahindra.
That JLR already assembles locally Range Rover Evok, Range rover waller, Range rover And Land Rover Discovery Sport At its Pune plant, this means that the prices of these models can also be low in India.
Some Indian bike manufacturers are – Royal enfield, Tvs And Bajaj – Who will be able to benefit from FTA between two countries. The entire portfolio of Royal Enfield is sold in the UK, which creates opportunities for the brand to start exports from India. Meanwhile, Piazio, TV and Bajaj make select models – Aprilia 457, Upcoming Norton Bike And the winning of 400s and sub -400cc KTMS respectively in India for the UK market. These will probably see a rationalization at the price, making them more cheap there.
See also:
Tata loses land for MG, Mahindra in April 2025 EV sales
Next Auto Expo will be held in 2027
New Maharashtra EV Policy 2025: Car Subsidy, Toll Wavers Explained
