{"id":52457,"date":"2025-07-28T18:36:38","date_gmt":"2025-07-28T13:06:38","guid":{"rendered":"https:\/\/caronphone.com\/news\/?p=52457"},"modified":"2025-08-01T10:40:08","modified_gmt":"2025-08-01T05:10:08","slug":"india-uk-fta-deal-signed-british-cars-set-to-get-cheaper","status":"publish","type":"post","link":"https:\/\/caronphone.com\/news\/india-uk-fta-deal-signed-british-cars-set-to-get-cheaper\/","title":{"rendered":"India-UK FTA Deal Signed: British Cars Set To Get Cheaper"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"52457\" class=\"elementor elementor-52457\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2cef0b5a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2cef0b5a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7824b49d\" data-id=\"7824b49d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-638c78e2 elementor-widget elementor-widget-image\" data-id=\"638c78e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1080\" height=\"542\" src=\"https:\/\/caronphone.com\/news\/wp-content\/uploads\/india-uk-covcer.webp\" class=\"attachment-full size-full wp-image-52472\" alt=\"India-UK FTA Deal Signed: British Cars Set To Get Cheaper\" srcset=\"https:\/\/caronphone.com\/news\/wp-content\/uploads\/india-uk-covcer.webp 1080w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/india-uk-covcer-300x151.webp 300w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/india-uk-covcer-1024x514.webp 1024w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/india-uk-covcer-768x385.webp 768w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/india-uk-covcer-150x75.webp 150w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-352cdf96 elementor-widget elementor-widget-text-editor\" data-id=\"352cdf96\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The newly signed India-UK Free Trade Agreement (FTA) focuses on reducing tariffs on automobiles, particularly high-end and luxury vehicles imported from the UK. This is a landmark move because India traditionally imposes import duties of up to 100% on completely built units (CBUs), making premium foreign cars extremely expensive.<\/p><p>With the new tariff cuts, the landing cost of British cars in India will drop, resulting in lower showroom prices. This aims to strengthen economic ties between the two nations and improve Indian consumers\u2019 access to premium automotive brands.<\/p>    <div id=\"ad-1782615930-zYEyyQ-container\"\r\n         class=\"comman-ads-container\"\r\n         style=\"position: relative; width: 100%; max-width: 728px; min-height: 50px; margin: 10px auto; display: flex; justify-content: center; align-items: center; overflow: hidden;\">\r\n\r\n        <!-- Loader -->\r\n        <div class=\"comman-ads-loader\" style=\"position: absolute; top:0; left:0; width:100%; height:100%; display:flex; align-items:center; justify-content:center; z-index:2;flex-direction: column;\">\r\n            <div style=\"width:32px; height:32px; border:3px solid #e5e7eb; border-top:3px solid #9ca3af; border-radius:50%; animation: spin 1s linear infinite;\"><\/div>\r\n            <span style=\"background-color: white;border: 1px solid #d1d5db;border-radius: 4px;padding: 2px 8px;font-size: 9px;color: #6b7280;font-weight: 600;letter-spacing: 1px;text-transform: uppercase;\">AD<\/span>\r\n        <\/div>\r\n\r\n        <!-- AdSense Ad -->\r\n        <ins class=\"adsbygoogle\"\r\n             id=\"ad-1782615930-zYEyyQ\"\r\n             style=\"display:inline-block; width:728px; height:90px; background: transparent;\"\r\n             data-ad-client=\"ca-pub-8418398772512966\"\r\n             data-ad-slot=\"8897589148\"><\/ins>\r\n    <\/div>\r\n\r\n    <script>\r\n        (function(){\r\n            const container = document.getElementById('ad-1782615930-zYEyyQ-container');\r\n            const ad = document.getElementById('ad-1782615930-zYEyyQ');\r\n            const loader = container.querySelector('.comman-ads-loader');\r\n            const sizeWeb = [728, 90];\r\n            const sizeMobile = [320, 50];\r\n            const breakpoint = 768;\r\n\r\n            \/\/ Load AdSense script if not already loaded\r\n            if (!document.querySelector('script[src*=\"adsbygoogle\"]')) {\r\n                const script = document.createElement('script');\r\n                script.async = true;\r\n                script.src = 'https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js';\r\n                script.crossOrigin = 'anonymous';\r\n                script.setAttribute('data-ad-client', 'ca-pub-8418398772512966');\r\n                document.head.appendChild(script);\r\n            }\r\n\r\n            \/\/ Function to switch sizes based on viewport\r\n            function updateAdSize() {\r\n                const isMobile = window.innerWidth <= breakpoint;\r\n                const currentSize = isMobile ? sizeMobile : sizeWeb;\r\n                ad.style.width = currentSize[0] + 'px';\r\n                ad.style.height = currentSize[1] + 'px';\r\n                container.style.maxWidth = currentSize[0] + 'px';\r\n                container.style.height = currentSize[1] + 'px';\r\n            }\r\n\r\n            updateAdSize();\r\n            window.addEventListener('resize', updateAdSize);\r\n\r\n             \/\/ Push Ad with safety check\r\n            function pushAd() {\r\n                try {\r\n                    const uninitializedAds = document.querySelectorAll('.adsbygoogle:not([data-adsbygoogle-status])');\r\n                    if (uninitializedAds.length > 0) {\r\n                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                    }\r\n                } catch(e) {\r\n                    console.warn('AdSense push failed', e);\r\n                    container.style.display = 'none'; \/\/ hide on error\r\n                }\r\n            }\r\n\r\n            pushAd();\r\n\r\n            \/\/ Check if ad loaded successfully\r\n            let checks = 0;\r\n            const interval = setInterval(() => {\r\n                const iframe = ad.querySelector('iframe');\r\n                if ((iframe && iframe.offsetHeight > 0) || ad.innerHTML.trim().length > 200) {\r\n                    loader.style.display = 'none'; \/\/ hide loader\r\n                    clearInterval(interval);\r\n                }\r\n                checks++;\r\n                if (checks > 16) { \/\/ after 8s hide\r\n                    loader.style.display = 'none';\r\n                    clearInterval(interval);\r\n                }\r\n            }, 1000);\r\n\r\n        })();\r\n    <\/script>\r\n\r\n    <style>\r\n        @keyframes spin { 100% { transform: rotate(360deg); } }\r\n    <\/style>\r\n    \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e79e0d7 elementor-widget elementor-widget-heading\" data-id=\"5e79e0d7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Impact on Luxury Car Prices <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22a81be5 elementor-widget elementor-widget-text-editor\" data-id=\"22a81be5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">The tariff revision under the FTA directly reduces the cost of high-performance and premium British automobiles. These cars were previously considered niche products due to their steep prices. Now, with reduced import duties:<\/span>\u00a0<\/p>    <div id=\"ad-1782615930-BVEV9e-container\"\r\n         class=\"comman-ads-container\"\r\n         style=\"position: relative; width: 100%; max-width: 970px; min-height: 50px; margin: 10px auto; display: flex; justify-content: center; align-items: center; overflow: hidden;\">\r\n\r\n        <!-- Loader -->\r\n        <div class=\"comman-ads-loader\" style=\"position: absolute; top:0; left:0; width:100%; height:100%; display:flex; align-items:center; justify-content:center; z-index:2;flex-direction: column;\">\r\n            <div style=\"width:32px; height:32px; border:3px solid #e5e7eb; border-top:3px solid #9ca3af; border-radius:50%; animation: spin 1s linear infinite;\"><\/div>\r\n            <span style=\"background-color: white;border: 1px solid #d1d5db;border-radius: 4px;padding: 2px 8px;font-size: 9px;color: #6b7280;font-weight: 600;letter-spacing: 1px;text-transform: uppercase;\">AD<\/span>\r\n        <\/div>\r\n\r\n        <!-- AdSense Ad -->\r\n        <ins class=\"adsbygoogle\"\r\n             id=\"ad-1782615930-BVEV9e\"\r\n             style=\"display:inline-block; width:970px; height:90px; background: transparent;\"\r\n             data-ad-client=\"ca-pub-8418398772512966\"\r\n             data-ad-slot=\"1745023287\"><\/ins>\r\n    <\/div>\r\n\r\n    <script>\r\n        (function(){\r\n            const container = document.getElementById('ad-1782615930-BVEV9e-container');\r\n            const ad = document.getElementById('ad-1782615930-BVEV9e');\r\n            const loader = container.querySelector('.comman-ads-loader');\r\n            const sizeWeb = [970, 90];\r\n            const sizeMobile = [320, 50];\r\n            const breakpoint = 768;\r\n\r\n            \/\/ Load AdSense script if not already loaded\r\n            if (!document.querySelector('script[src*=\"adsbygoogle\"]')) {\r\n                const script = document.createElement('script');\r\n                script.async = true;\r\n                script.src = 'https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js';\r\n                script.crossOrigin = 'anonymous';\r\n                script.setAttribute('data-ad-client', 'ca-pub-8418398772512966');\r\n                document.head.appendChild(script);\r\n            }\r\n\r\n            \/\/ Function to switch sizes based on viewport\r\n            function updateAdSize() {\r\n                const isMobile = window.innerWidth <= breakpoint;\r\n                const currentSize = isMobile ? sizeMobile : sizeWeb;\r\n                ad.style.width = currentSize[0] + 'px';\r\n                ad.style.height = currentSize[1] + 'px';\r\n                container.style.maxWidth = currentSize[0] + 'px';\r\n                container.style.height = currentSize[1] + 'px';\r\n            }\r\n\r\n            updateAdSize();\r\n            window.addEventListener('resize', updateAdSize);\r\n\r\n             \/\/ Push Ad with safety check\r\n            function pushAd() {\r\n                try {\r\n                    const uninitializedAds = document.querySelectorAll('.adsbygoogle:not([data-adsbygoogle-status])');\r\n                    if (uninitializedAds.length > 0) {\r\n                        (adsbygoogle = window.adsbygoogle || []).push({});\r\n                    }\r\n                } catch(e) {\r\n                    console.warn('AdSense push failed', e);\r\n                    container.style.display = 'none'; \/\/ hide on error\r\n                }\r\n            }\r\n\r\n            pushAd();\r\n\r\n            \/\/ Check if ad loaded successfully\r\n            let checks = 0;\r\n            const interval = setInterval(() => {\r\n                const iframe = ad.querySelector('iframe');\r\n                if ((iframe && iframe.offsetHeight > 0) || ad.innerHTML.trim().length > 200) {\r\n                    loader.style.display = 'none'; \/\/ hide loader\r\n                    clearInterval(interval);\r\n                }\r\n                checks++;\r\n                if (checks > 16) { \/\/ after 8s hide\r\n                    loader.style.display = 'none';\r\n                    clearInterval(interval);\r\n                }\r\n            }, 1000);\r\n\r\n        })();\r\n    <\/script>\r\n\r\n    <style>\r\n        @keyframes spin { 100% { transform: rotate(360deg); } }\r\n    <\/style>\r\n    <ul style=\"font-weight: 400;\"><li data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Luxury cars are expected to become 10\u201320% cheaper, depending on the model and configuration.<\/span>\u00a0<\/li><li data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">It opens up the market to a larger segment of buyers who previously considered these vehicles out of reach.<\/span>\u00a0<\/li><li data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">The luxury segment is expected to witness higher competition with locally assembled premium cars.<\/span>\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73cad810 elementor-widget elementor-widget-heading\" data-id=\"73cad810\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">British Car Models Expected to Benefit<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c7f7022 elementor-widget elementor-widget-text-editor\" data-id=\"7c7f7022\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Several iconic UK-based automotive brands are set to gain from this deal:<\/span>\u00a0<\/p><ol style=\"font-weight: 400;\"><li data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Jaguar Land Rover (JLR)<\/span><\/b><ul><li data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">Range Rover SV \u2013 The only CBU import in JLR\u2019s portfolio, likely to see significant price corrections.<\/span>\u00a0<\/li><\/ul><\/li><li data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Aston Martin<\/span><\/b><ul><li data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">Ultra-luxury sports cars like the DB11 and Vantage could witness significant reductions, making them more competitive with German rivals like <a href=\"https:\/\/caronphone.com\/porsche-cars\">Porsche<\/a> and Mercedes-AMG.<\/span>\u00a0<\/li><\/ul><\/li><li data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Bentley<\/span><\/b><ul><li data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">Premium offerings like the Bentayga SUV and Continental GT may attract more Indian buyers, especially high-net-worth individuals looking for exclusivity.<\/span>\u00a0<\/li><\/ul><\/li><li data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Rolls-Royce<\/span><\/b><ul><li data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">Though an ultra-niche segment, cars like the Ghost and Cullinan SUV will see reduced prices, possibly expanding the buyer base beyond just billionaires.<\/span>\u00a0<\/li><\/ul><\/li><li data-aria-posinset=\"5\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">McLaren Automotive<\/span><\/b><ul><li data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">Models like the Artura and 720S will become relatively more attainable for performance car enthusiasts in India<\/span><\/li><\/ul><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66646d8 elementor-widget elementor-widget-heading\" data-id=\"66646d8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Key Highlights of the Deal<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fb9b01a elementor-widget elementor-widget-text-editor\" data-id=\"7fb9b01a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul style=\"font-weight: 400;\"><li data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">Premium vehicle prices to drop, improving competitiveness against top-end Indian luxury cars and German rivals (BMW, <a href=\"https:\/\/caronphone.com\/audi-cars\">Audi<\/a>, Mercedes).<\/span>\u00a0<\/li><li data-aria-posinset=\"7\" data-aria-level=\"1\"><span data-contrast=\"auto\">Greater access to British models previously available in very limited numbers.<\/span>\u00a0<\/li><li data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"auto\">Boost to the luxury car segment, which contributes only ~1% of India\u2019s automobile sales but has huge growth potential.<\/span>\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3bc6f9f elementor-widget elementor-widget-heading\" data-id=\"3bc6f9f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Challenges for Local Automobile Industry <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4500d052 elementor-widget elementor-widget-text-editor\" data-id=\"4500d052\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul style=\"font-weight: 400;\"><li data-aria-posinset=\"9\" data-aria-level=\"1\"><span data-contrast=\"auto\">Domestic luxury manufacturers and assemblers may face competitive pressure, particularly from brands like Mercedes and <a href=\"https:\/\/caronphone.com\/bmw-cars\">BMW<\/a>, which already assemble vehicles locally.<\/span>\u00a0<\/li><li data-aria-posinset=\"10\" data-aria-level=\"1\"><span data-contrast=\"auto\">Possible market share erosion for homegrown premium offerings like Tata Motors\u2019 top-end models.<\/span>\u00a0<\/li><li data-aria-posinset=\"11\" data-aria-level=\"1\"><span data-contrast=\"auto\">Necessity for local players to focus on advanced features, customer experience, and pricing strategy to stay competitive.<\/span>\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-93de4e8 elementor-widget elementor-widget-heading\" data-id=\"93de4e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Broader Automobile Market Impact<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09731d3 elementor-widget elementor-widget-image\" data-id=\"09731d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1080\" height=\"542\" src=\"https:\/\/caronphone.com\/news\/wp-content\/uploads\/Broader-Automobile-Market-Impact.webp\" class=\"attachment-full size-full wp-image-52471\" alt=\"India-UK FTA Deal Signed: British Cars Set To Get Cheaper\" srcset=\"https:\/\/caronphone.com\/news\/wp-content\/uploads\/Broader-Automobile-Market-Impact.webp 1080w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/Broader-Automobile-Market-Impact-300x151.webp 300w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/Broader-Automobile-Market-Impact-1024x514.webp 1024w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/Broader-Automobile-Market-Impact-768x385.webp 768w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/Broader-Automobile-Market-Impact-150x75.webp 150w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e25b010 elementor-widget elementor-widget-text-editor\" data-id=\"2e25b010\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul style=\"font-weight: 400;\"><li data-aria-posinset=\"12\" data-aria-level=\"1\"><span data-contrast=\"auto\">Indian dealerships of British luxury brands will likely see increased footfall and higher sales volume.<\/span>\u00a0<\/li><li data-aria-posinset=\"13\" data-aria-level=\"1\"><span data-contrast=\"auto\">UK brands may explore local assembly or joint manufacturing to further leverage reduced costs and avoid future tariff fluctuations.<\/span>\u00a0<\/li><li data-aria-posinset=\"14\" data-aria-level=\"1\"><span data-contrast=\"auto\">Technology sharing and skill development are expected due to stronger collaboration between Indian and UK automotive industries.<\/span>\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00667c5 elementor-widget elementor-widget-heading\" data-id=\"00667c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Market Outlook<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-765feef4 elementor-widget elementor-widget-text-editor\" data-id=\"765feef4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul style=\"font-weight: 400;\"><li data-aria-posinset=\"15\" data-aria-level=\"1\"><span data-contrast=\"auto\">Consumers benefit from a wider choice of premium cars at lower prices.<\/span>\u00a0<\/li><li data-aria-posinset=\"16\" data-aria-level=\"1\"><span data-contrast=\"auto\">Competitive pressure is likely to encourage innovation across all premium segments, including <a href=\"https:\/\/caronphone.com\/ev-car\">EVs<\/a> and plug-in hybrids.<\/span>\u00a0<\/li><li data-aria-posinset=\"17\" data-aria-level=\"1\"><span data-contrast=\"auto\">Experts forecast a 15\u201320% jump in luxury car sales within a year of tariff reduction, with the biggest gains in metros like Delhi, Mumbai, and Bengaluru.<\/span>\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The newly signed India-UK Free Trade Agreement (FTA) focuses on reducing tariffs on automobiles, particularly high-end and luxury vehicles imported 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