Mercedes-BMW may become cheaper in India: Tariff on cars coming from Europe will be reduced by 40%; Announcement possible in free trade agreement tomorrow
The Indian government is preparing for a major reduction in the import tariff on cars coming from Europe. According to Reuters report, this tariff can be reduced from 110% to 40%. This decision is part of the free trade agreement between India and the European Union. This agreement can be announced tomorrow i.e. Tuesday in…