Industry Trends

Rationalise customs duty on imported luxury cars: Mercedes-Benz India CEO

This customs duty can be rationalised and brought under one slab...Only 5-8% of the cars we sell in India are facing customs duty and import duty. So, rationalising it, reducing it will make it simpler and help to grow, help get more taxes and get even better cars on the roads, says Santosh Iyer, Mercedes-Benz India MD and CEO

Industry Trends

How Budget 2026 can help India strike the right balance in trade policy for a world in flux

India's trade strategy is at a critical juncture, shifting from broad liberalization to selective engagement. New trade pacts diversify markets, while domestic initiatives like PLI schemes build manufacturing strength. The upcoming Union Budget must focus on enhancing access, ensuring assurance in supply chains, and fostering agility to navigate global trade disruptions and secure India's competitive edge.