Zero tariffs: Nomura says ‘no sizeable impact’ expected on India’s auto sector

  • Posted on March 13, 2025
  • By Financial Express
  • 5 Views
Zero tariffs: Nomura says ‘no sizeable impact’ expected on India’s auto sector

With the Donald Trump-led US administration pressing India to remove tariffs on imported cars, Nomura said that ‘there would be no sizeable impact’. Nomura said that even in a scenario where India decided to lower import duties to zero, there would be no sizeable impact.
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