Ferrari cuts India prices up to 30% as EU FTA slashes import duty from 110% to 30%
Ferrari dealerships are taking new orders at pre-FTA discounts ahead of late-2026 rollout. Purosangue drops from Rs 10.5 cr to Rs 7.59 cr; 12Cilindri Spider from Rs 9.15 cr to Rs 6.38 cr; Amalfi lands near Rs 4.08 cr. Quotas expand from 100k units year one to 160k by year ten.
What happened
Ferrari's India dealerships are accepting new orders at up to 30% lower prices ahead of the India-EU FTA, which will slash luxury car import duties from 110% to
Key facts
- 30% price cut
- Purosangue Rs 10.5 cr to Rs 7.59 cr
- 12Cilindri Spider Rs 9.15 cr to Rs 6.38 cr
- Amalfi ~Rs 4.08 cr
- tariffs 110% to 30% year 1, 10% by year 5
- quota 100,000 units year 1 to 160,000 by year 10
Why this matters
Evaluate dealership partnerships and import-distribution JVs with EU luxury OEMs now, as the FTA window opens a multi-year arbitrage on landed cost and India market share capture.