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The best-selling European automotive brand operating in India, Skoda Auto India, recently launched Kodiaq SUV in the country via CKD route. The company has had multiple new vehicles lined up to launch in India via CBU route. These included Petrol and Diesel powered vehicles along with EVs.
However, these vehicle import plans have been temporarily halted amidst the ongoing talks of a FTA (Free Trade Agreement) between Indian Government and European Union. According to Director of Skoda Auto India, Petyr Janeba, there will be a resolution on customs duty within the next three times and the company will then decide to greenlight future imports.
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