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Keep automobile sector out of India-Eu FTA: Maruti

Last Updated: Thursday, May 16, 2013, 17:32

India and the 27-nation European Union (EU) are negotiating Broad based Trade and Investment Agreement (BTIA) since June 2007, but a breakthrough has not yet been achieved due to strong differences on several of the issues.

Cutting duties on imported cars under FTA retrograde step: SIAM

Last Updated: Monday, April 8, 2013, 20:20

Automobile industry body SIAM Monday said custom duties on fully imported cars and engines must not be lowered as is being proposed in the ongoing free trade negotiations between India and EU, stating that such a step will severely damage the sector.