New Delhi: Ferrari has seen more than a doubling of its orders from India in anticipation of the Free Trade Agreement (FTA) between India and the European Union that is set to come into force in early 2027, top officials of the luxury car company said.
The FTA is set to see a substantial lowering of import tariffs on European cars entering the Indian market.
Speaking at a select media roundtable in New Delhi, Ferrari’s heads for Southeast Asia, and the Far and Middle East further said that, over the last two years, the company has restructured itself internally to forefront India in its global plans.
