India could benefit from free trade in long term: Mercedes-Benz India MD & CEO
Mercedes-Benz India CEO Santosh Iyer believes India could benefit long-term from the tariff war through better trade and reduced barriers, despite potential short-term shocks. While the Indian automotive sector isn't directly impacted, currency fluctuations and supply chain concerns pose challenges. Iyer anticipates a flattish growth for the luxury segment in 2025, with potential upside if trade agreements materialize.