Table III.5 at page 46 of the Secretariat report suggests that India maintains a high effective applied tariff rate on transport equipment, including automotive goods.
Given the negative impact of this high rate on trade development and domestic industry efficiency, does India intend to reduce these applied tariff rates?
Reply: India has been reducing its applied tariff autonomously over the years. Any further reduction has to be judged against the sensitivities of the sector, its stage of development and the likely impact on employment and revenue. Hence it would be difficult to predict the future action at this stage.