India-UK trade pact allows 3.78 lakh car imports at lower duty over 15 years
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Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
The India-UK trade pact opens wider access for British automakers to India’s premium car market while shielding the mass-market EV segment led by domestic players.
Key Facts
Type Legislation
Source BusinessLine - Economy
Published Thursday, 18 June 2026
Affected Population 1.4 billion consumers, 300 million without reliable power
Key Numbers
500 GW non-fossil fuel capacity target by 2030
Saubhagya: 100% household electrification
175 GW renewable energy installed (2025)
Merchandise exports: $437 billion (2024-25)
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right