Will FTAs Really Make Luxury Cars Cheaper in India?
India’s recent Free Trade Agreements (FTAs) – particularly the landmark deal with the UK, and ongoing negotiations with the European Union (EU) – have stirred excitement among luxury car buyers expecting big price cuts. However, a closer look at the facts reveals a more nuanced reality. The most significant benefit will not be dramatic instant discounts but rather improved access to niche models, better allocation, and a gradual reduction of duties on a limited number