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2 months ago
India-EU FTA to boost auto tech: Mercedes
Summary
The India-EU Free Trade Agreement will boost technology in India's car industry. Mercedes-Benz India's MD Santosh Iyer stated this. He also mentioned that car prices will not decrease soon. Most Mercedes-Benz cars are made in India. The agreement opens borders for trade and jobs. It will help India's economy grow.
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(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
Subscribe to The Economic Times Prime and read the ET ePaper online.
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AI Description
The India-EU Free Trade Agreement is expected to enhance technological advancements in India's automotive sector. Mercedes-Benz India's MD, Santosh Iyer, highlighted the potential benefits while noting that car prices are unlikely to decrease in the near future.