M&M leads decline in auto stocks as India-EU FTA said to cut import duty on cars
The India-EU FTA is said to include a clause reduce import duty on European cars to 40% from 110%, in what the market sees as a setback to Indian automakers.
The India-EU FTA is said to include a clause reduce import duty on European cars to 40% from 110%, in what the market sees as a setback to Indian automakers.
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