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Indian automakers demand safeguards in the EU trade deal to block Chinese EVs via EU plants and protect India’s domestic industry.
Indian automakers are urging the government to include strict safeguards in the final EU free trade deal to prevent Chinese EVs from entering India via EU assembly plants, citing risks of circumventing India’s foreign investment rules.
They seek high price thresholds, import limits, and a 50% local value addition requirement to protect India’s growing domestic EV industry, which faces competition from global players like Tesla and BMW.
While India previously protected its EV sector in deals with the UK, the EU’s integrated manufacturing network poses a greater challenge.
The government is also pursuing targeted partnerships, such as with EFTA nations, to balance market access with strategic industrial goals.
The outcome of the EU talks will significantly influence India’s EV future.
Los fabricantes de automóviles indios exigen salvaguardas en el acuerdo comercial de la UE para bloquear los vehículos eléctricos chinos a través de plantas de la UE y proteger la industria doméstica de la India.