The India-EU FTA covers trade in goods and services, rules of origin, customs and trade facilitation, trade remedies, and emerging areas such as digital trade and MSMEs.
“Car purchases in India are largely limited to the top 12% of households with an annual income exceeding Rs12 lakh, while even small cars have become unaffordable for the remaining 88%."
Addressing a function at the National Automotive Test Tracks (NATRAX) at Dhar in Madhya Pradesh, he said that India has surpassed Japan to gain third rank in the world in the automobile sector behind China and the global leader USA.
Country’s automobile market in China expects to see June sales up more than 34 percent from May China’s auto market…
The company has reinforced its commitment to support the government's 'Make in India' vision with more than 5,000 export units for May.
The auto major, which has already reopened its 338 showrooms and 452 workshops, believes that the online sales strategy has attained traction in the auto industry.
Vehicle sales across the country had remained subdued for last several months over economic slowdown and subsequent slowing of demand.
The Indian automobile sector sold a total of 21,901,572 units across segments and categories to record a growth of 9.17…
The Indian automobile sector sold a total of 21,901,572 units across segments and categories to record a growth of 9.17…
