European Carmakers Cheer India-EU FTA, But Prices Unlikely to Fall Soon

In 2025, India’s luxury car market, comprising vehicles priced above ₹50 lakh, saw modest growth, with total sales estimated at around 52,000 units, up 1.6% from 2024. BMW and Jaguar Land Rover posted solid performances, contributing to a combined total of 48,849 units sold by the top five luxury carmakers in FY25.