India-EU FTA, Mercedes and Landmark Cars: A pure luxury play
How the India-EU FTA redraws the luxury car market For EU-built cars priced above €15,000 ( ₹16.40 lakh), tariffs are expected to ease in stages, starting at around 30-35% when the pact takes effect, likely by the end of 2026. This will further fall to 10% over the next five years, depending on the segment….