Maserati welcomes India-EU FTA, plans expansion with new Grecale SUV and electric vehicles.

Maserati, the Italian luxury sports car manufacturer, is optimistic about the Free Trade Agreement (FTA) discussions between India and the European Union (EU). The FTA is expected to reduce customs duties and address administrative topics, benefiting both the import and export of Maserati products. The proposed FTA includes a reduction in tariffs on imported cars from 60% to 30% and a separate quota for cars over 1500cc. This development is seen as positive for Maserati's plans to expand in India with the introduction of the new Grecale SUV and electric vehicles. [Extracted from the article]