FTA with EU also cuts duties on CKD for local assembly by half; EVs get a special carve out
- Posted on January 28, 2026
- By Financial Express
- 2 Views
FTA with EU also cuts duties on CKD for local assembly by half; EVs get a special carve out

The quota for cars with internal combustion engines (ICEs) has been kept at 1.6 lakh while for EVs this quota is 90,000 units.