Sources tell CNBC-TV18 that India is unlikely to offer unilateral tariff concessions to the US on automobiles. However, the government could lower tariffs on imports of cars worth ₹40 lakh and above.

Sources tell CNBC-TV18 that India is unlikely to offer unilateral tariff concessions to the US on automobiles. However, the government could lower tariffs on imports of cars worth ₹40 lakh and above.