Uncertainty over UK-India FTA timeline stalls sales in India’s Rs 2,000-crore ultra-luxury car market
Mumbai: India’s ultra-luxury car market, worth an estimated ₹2,000 crore annually, is facing uncertainty due to a lack of clarity on the timeline for rollout of the UK-India Free Trade Agreement (FTA). At stake are British marques such as Rolls-Royce, Aston Martin, Bentley and McLaren besides some models from Jaguar Land Rover like the Range…
