The India-European Union Free Trade Agreement (FTA) is set to create a major new opening for European automobile manufacturers in India, with the annual quota for eligible completely built-up internal-combustion engine and non-plug-in hybrid passenger cars starting at 100,000 units and increasing to 160,000 vehicles by the 10th year. The provisions are contained in the … Continue reading India-EU FTA Boosts European Automakers With 160,000-Car Annual Quota By 10th Year