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SIAM STATEMENT ON TARIFFS
India-UK trade pact supports auto sector, addresses consumers' interests: SIAMSIAM stated that the India-UK Free Trade Agreement balances consumer interests and supports Indian industry's goals. The agreement, officia...- China says willing to improve communication with countries on rare earth controlsChina said it has approved some rare earth export requests and aims to refine its approval process. The move comes as India faces growing s...
- After Trump, EU seeks zero tariff from India on car imports, sources sayThe European Union wants India to scrap high car import tariffs under a pending trade deal. Sources say India may cut duties in phases to 1...
- Auto industry unlikely to face Trump tariff's heat due to minimal exportsThe recent tariff war is expected to have minimal impact on the Indian automobile industry due to limited exports to the US. Automobiles ar...
- Don't see any significant impact on Indian auto industry by US reciprocal tariff: SIAMThe Indian automobile industry does not anticipate a significant impact from US President Trump's recent reciprocal tariff announcement, as...
- Budget 2025: Agri focus, tax relief to create positive momentum for auto sectorThe Union Budget's focus on agriculture and tax relief is expected to spur demand in the automobile industry. Industry leaders praise the b...
- SIAM recommends fiscal and non-fiscal incentives for vehicle electrificationThe industry body has urged that electric vehicles be exempt from road tax and favourable treatment similar to priority sector lending be c...
- India-EU FTA: SIAM hits out at move to cut import duty on carsStating that India will gain nothing from the proposed FTA with the EU, SIAM reiterated that the sector should be kept out of the purview o...
- Health tax goes, but may be back with GSTThe Lok Sabha passed the budget proposals minus the 5% service tax on healthcare and diagnostic services that was withdrawn following criti...
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