Rolls-Royce Eyes India as Third 'Home Market', Prices Could Drop by 30-40%

• Rolls-Royce is considering India as its third 'home market' after the UK, as stated by CEO Tufan Erginbilgic during his recent visit.
• This move aims to strengthen engineering and innovation cooperation between India and Britain, potentially reducing prices of Rolls-Royce products.
• The company plans to at least double its supply chain sourcing from India by 2030, fostering local partnerships and talent development.
• The Comprehensive Economic and Trade Agreement (CETA) and Free Trade Deal (FTA) between India and the UK are expected to reduce tariffs, making Rolls-Royce cars and other products significantly more affordable.
• Prices of Rolls-Royce cars in India, currently ₹7-12 crore, could decrease by 30-40% due to reduced import duties and increased local production, benefiting Indian airlines, navy, and industry.

Why It Matters: Rolls-Royce's increased focus on India could lead to significant price reductions and boost local manufacturing.