Quota open for 24,500 car imports under UK FTA
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The government invited applications for 24,500 car imports from the UK at lower duties for 2027 under the India-UK CETA.
- ✓The Directorate General of Foreign Trade said applications are open from November 6 to November 21.
- ✓This move gives UK car makers a bigger chance to sell vehicles in India.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Financial Express
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The government has invited fresh applications for the allocation of tariff-rate quotas (TRQs) for importing 24,500 passenger vehicles from the UK at concessional duties in calendar year 2027 under the India-UK Comprehensive Economic and Trade Agreement (CETA). This expands the window for preferential imports after a limited first-year allocation following the pact's mid-year implementation.
The Directorate General of Foreign Trade (DGFT), through a public notice issued on Friday, has invited applications between November 6 and November 21 for quota allocation across three engine-capacity categories. The allocations total 24,500 vehicles, comprising 6,000 cars with engine capacity of up to 1,500 cc, another 6,000 in the middle engine-capacity category and 12,500 larger vehicles.
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Financial Express
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