India clears 642-car import quota from UK under India-UK trade agreement

India has cleared a quota for 642 car imports from the UK under the India-UK trade agreement. This approval is significant because it marks the first allocation of the 2026 car import quota, which had a total target of around 5,000 vehicles. The quota will allow seven Indian companies to import cars from the UK at reduced tariffs, boosting trade between the two countries. This move is expected to benefit the Indian automotive sector and enhance economic ties with the UK.

Why it matters

The India-UK trade agreement is expected to boost bilateral trade and investment. The quota clearance will allow for increased imports of cars from the UK, which could lead to more choices for Indian consumers and increased revenue for UK automakers.

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