India-EU FTA set to reshape auto market while boosting beverages and manufacturing
New Delhi [India], January 28 (ANI): The India-European Union Free Trade Agreement (FTA) is expected to have its most visible impact on the premium automobile segment, while also opening new growth pathways for sectors such as alcoholic beverages and auto components, according to industry experts.
In the automotive sector, the agreement is poised to redefine the top end of the passenger vehicle market. With propo