Facing a flat market in Europe, falling sales in China and a fragile situation in the US, UK car makers are looking hungrily at a huge market that is predicted by some to be on the cusp of explosive growth.
India has always been a tough prospect, particularly for premium makers, because of extremely high tariff barriers for those wanting to export cars there. But an agreement reached between the UK government and India to reduce tariffs on ‘high-end’ cars from 100% to 10% suddenly brings the world’s most populous market into play.
