Archive · 2 Jun 2025
India-UK Trade Agreements to Boost Exports and Introduce Norton Motorcycles
India and the UK have made a deal to trade more with each other.
This means goods will be cheaper to buy and sell.
For example, TVS Motor will bring the British motorcycle brand Norton to India by 2025.
This agreement helps reduce costs and makes it easier to bring in parts and resources from the UK.
India will also reduce taxes on many UK goods, including cars.
The goal is for trade between the two countries to double by 2030.
TVS Motor will launch Norton Motorcycles in India by the end of 2025, supported by a Free Trade Agreement (FTA).
The India-UK FTA aims to double bilateral trade to $120 billion by 2030, reducing tariffs on various goods.
TVS has invested over ₹1,000 crore in Norton since acquiring the brand in 2020, including a new UK manufacturing facility.
The FTA facilitates Norton's India launch by lowering costs and improving access to UK resources.
India-UK FTA lowers automotive tariffs from 100% to 10% under a quota system and expected launch of Norton motorcycles in India by the end of 2025.
- Who
- India and the UK, TVS Motor Company, and Norton Motorcycles.
- What
- India and the UK signed a Free Trade Agreement, TVS Motor Company will launch Norton Motorcycles in India.
- When
- FTA text completion expected within three months, Norton motorcycles launch by the end of 2025.
- Where
- India and the UK.
- Why
- To boost economic ties, increase exports, and support Norton's entry into the Indian market.
- FTA Goal
- Double bilateral trade to $120 billion by 2030
- Norton Launch
- Targeted for end of 2025
- TVS Investment
- Over ₹1,000 crore in Norton
- Automotive Tariff Reduction
- From 100% to 10% under quota system
- Initial Norton Models
- Likely premium models (Commando 961, V4SV, V4CR)
