FTAs

Mercedes Benz: Mercedes Benz eyes reduced trade barriers from new India government

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Mercedes Benz: Mercedes Benz eyes reduced trade barriers from new India government

German carmaker Mercedes-Benz wants India’s next government to forge more free trade agreements (FTAs) and reduce trade barriers to help boost luxury car sales in one of the world’s biggest auto markets, its country head said. Prime Minister Narendra Modi, who has built a business friendly image over the last decade, is eyeing a rare … Read more

India has sufficient domestic tyre capacity; imports must not be liberalised through free trade pacts: ATMA

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India has sufficient domestic tyre capacity; imports must not be liberalised through free trade pacts: ATMA

India has sufficient tyre manufacturing capacity and imports should not be liberalised through FTAs by way of duty concessions, industry body Automotive Tyre Manufacturers’ Association said on Monday. The automotive tyres rank at the forefront of those sectors where domestic manufacturing capabilities can render imports unnecessary, Automotive Tyre Manufacturers’ Association (ATMA) has communicated to the … Read more