{"id":68893,"date":"2026-01-27T18:58:50","date_gmt":"2026-01-27T13:28:50","guid":{"rendered":"https:\/\/caronphone.com\/news\/?p=68893"},"modified":"2026-01-29T12:53:24","modified_gmt":"2026-01-29T07:23:24","slug":"india-eu-fta-ferrar-porsche-prices-to-drop-in-india-check-details","status":"publish","type":"post","link":"https:\/\/caronphone.com\/news\/india-eu-fta-ferrar-porsche-prices-to-drop-in-india-check-details\/","title":{"rendered":"India-EU FTA: Ferrari & Porsche Prices to Drop in India : Check Details"},"content":{"rendered":"

\"India-EU
The landmark <\/span>India-European Union Free Trade Agreement (FTA)<\/span><\/b>, officially concluded on <\/span>January 27, 2026<\/span><\/b>, is set to revolutionize the Indian automotive market. High-end European marques\u2014including <\/span>Lamborghini, Ferrari, Porsche, Land Rover<\/span><\/span>, Mercedes-Benz, Audi, Rolls-Royce, and Bentley<\/span><\/b>\u2014are poised to become significantly more affordable.<\/span><\/p>

This historic “Mother of all Deals” dismantles long-standing trade barriers, making European exotics accessible to a broader segment of Indian luxury car enthusiasts.<\/span><\/p>

India will <\/span>gradually cut tariffs on cars from 110 percent<\/span><\/b> to as low as 10 percent as part of its new FTA with EU, and fully abolish duties on car parts within five to ten years. <\/span><\/p>

Currently, the import duty levied by India on completely built-up (CBU) passenger vehicles is 110 percent for cars costing over $40,000, and 70 percent for cars costing up to $40,000. <\/span><\/p>

What the India-EU deal means for car buyers<\/h2>
  • Tariff Reductions:<\/span><\/b> Effective import duties on cars will drop from the current <\/span>110%<\/span><\/b> (for cars over $40,000) to <\/span>40%<\/span><\/b> initially, with a phased reduction to as low as <\/span>10%<\/span><\/b>.<\/span><\/li>
  • Annual Quota:<\/span><\/b> The lower tariff rates apply to a concession quota of <\/span>250,000 vehicles annually<\/span><\/b>.<\/span><\/li>
  • Car Parts:<\/span><\/b> Import duties on automotive parts will be fully abolished over a <\/span>5 to 10-year period<\/span><\/b>.<\/span><\/li>
  • Price Threshold:<\/span><\/b> Concessions apply only to cars with an import price (landed cost) above <\/span>\u20ac15,000 (\u20b916.5 lakh)<\/span><\/b>.<\/span><\/li> <\/ul>

    How much cheaper could cars get?<\/h2> \n
    \n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
    Model<\/th>Current Ex-showroom Price<\/th>Expected Price Post FTA<\/th>\n<\/tr>\n<\/thead>\n
    Mercedes-Benz G-Class<\/td>\u20b92.90 \u2013 4.00 crore<\/td>\u20b92.00 \u2013 2.70 crore<\/td>\n<\/tr>\n
    Land Rover Defender 130<\/td>\u20b91.70 \u2013 2.00 crore<\/td>\u20b91.15 crore<\/td>\n<\/tr>\n
    Porsche 911<\/td>\u20b92.00 \u2013 3.80 crore<\/td>\u20b91.30 \u2013 2.60 crore<\/td>\n<\/tr>\n
    Audi RS Q8<\/td>\u20b92.32 crore<\/td>\u20b91.60 crore<\/td>\n<\/tr>\n
    Rolls-Royce Ghost<\/td>\u20b96.95 \u2013 7.95 crore<\/td>\u20b94.80 \u2013 5.50 crore<\/td>\n<\/tr>\n
    Bentley Bentayga<\/td>\u20b94.10 crore<\/td>\u20b92.80 crore<\/td>\n<\/tr>\n
    Lamborghini Urus<\/td>\u20b94.18 crore<\/td>\u20b92.90 crore<\/td>\n<\/tr>\n
    Ferrari\u00a0Purosangue<\/td>\u20b95.50 crore<\/td>\u20b93.80 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

    Also Read:<\/p>

    2026 Renault Duster is back in the Indian market: Bookings, Price, Features, and Delivery Timeline Revealed<\/a><\/p><\/blockquote>