Tariffs on automotive imports will fall to 10% from over 100% under quotas on both sides. Indian manufacturers will gain access to the UK market for electric and hybrid vehicles, also under a quota system.“A new chapter begins today in the India-UK economic partnership!” Modi said in a post on X. India’s tariffs on British products will drop to 3% from 15%.Modi added: “India-UK CETA will add momentum to the ‘Make in India’-led growth and export promotion. This agreement will also provide Indian consumers with high-quality goods at competitive prices. Makhana, shahi litchi, Araku coffee, and Kashmiri saffron will also gain greater access to the UK market.
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