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Tuesday, March 3, 2026

Tag: automobile industry India

India to Slash Car Import Duty to 40% for EU in Major Trade Deal

India agrees to cut car import duty from 110% to 40% for EU in a landmark trade pact, boosting luxury car sales and bilateral trade worth $116 billion.

Hyundai Invests ₹45,000 Crore in India, Targets 26 New Models by 2030

Hyundai announces massive investment plan to make India its second-largest global market, with electric SUV production and Genesis luxury brand coming by 2027.