How the India–UK trade deal benefits luxury car buyers
Published in Fortune India | July 2025
“The India-U.K. FTA presents a major opportunity for British luxury carmakers like Rolls-Royce, Bentley, Aston Martin, and McLaren. With potential tariff cuts on fully imported vehicles, these brands can finally become more price-competitive in India, a market that’s fast maturing in the luxury segment,” says Sunil Kalra, Partner, Governance, Risk and Compliance and Forensic Services, Forvis Mazars in India.
Despite softening of demand for passenger cars in India’s mass market this year, the ultra-luxury segment has held firm, driven by a growing base of high-net-worth individuals (HNIs) and rising demand from Tier II cities, says Kalra.