Saturday, January 17, 2026

Luxury car makers seek duty reforms to spur premium car demand

Union Budget 2026: Mercedes-Benz India advocates for reduced customs duties on imported luxury vehicles, which could enhance sales within the high-end market and ultimately elevate government tax revenues. Additionally, maintaining a stable rupee along with effective fiscal policies is essential for the growth of this luxury segment. Furthermore, robust road infrastructure is pivotal in stimulating demand for premium automobiles.

from Auto-Industry-Economic Times https://ift.tt/Pke0YgT

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