India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakh
- Posted on September 11, 2026
- By Business News Today
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- 1 min read
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India-EU FTA: EU gets tariff quota for 1 lakh cars initially, rising to 1.6 lakh
The India-EU free trade agreement will allow European automakers to export 1 lakh passenger vehicles annually at concessional duties initially, rising to 1.6 lakh from the 10th year. The pact also offers tariff concessions on electric vehicles, wines, pork, apples, kiwifruit, pears and peaches through quotas and price-based conditions.
