GENERAL15 Sept 2026
No major change in imports, exports after India-EU FTA: Schaeffler MD
The India-EU free trade agreement (FTA) will not change much for imports and exports, says Schaeffler India's managing director, Harsha Kadam. He explains that the deal offers similar tariff benefits to European companies too. So it does not give his firm any big competitive edge. If you trade with Europe, watch the fine print before assuming cost savings.
Key Statutory Highlights
- Schaeffler India MD and CEO Harsha Kadam says the India-EU free trade agreement brings no major change in imports or exports.
- He says the pact will offer similar tariff benefits to European companies as well.
- That limits any major competitive advantage for his firm, according to Kadam.
Actionable Advice for Taxpayers / Founders:If you buy from or sell to Europe, review your landed costs and existing contracts once the pact's details are clear, and check with your tax advisor before assuming any price benefit.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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