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India mulling 39% cut in tariff on EV imports to finalise FTA with UK: Report

India mulling 39% cut in tariff on EV imports to finalise FTA with UK: Report

Nov 09, 2023, at 05:14 am

New Delhi: India is considering a proposal to decrease import taxes on certain electric vehicles from the UK in order to finalise a free-trade agreement between the two nations by the end of this year, Bloomberg reported, citing sources.