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May 07,2025

India-UK Free Trade Agreement Set to Accelerate Automotive and EV Growth

The recently concluded India-UK Free Trade Agreement (FTA) is set to boost India’s automotive sector through reduced tariffs, enhanced exports, and deeper investment and technology ties. Indian automakers like Mahindra, Tata Motors, and TVS plan expansions, focusing on EVs and global markets. The FTA eliminates tariffs on 99% of trade lines, easing access to the UK and Europe.

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