McLaren plans major price cuts in India as import duties Fall

McLaren is preparing to reduce prices on its entire India range by nearly 38 percent, according to sources familiar with the company's plans. The 750S Coupe will see its price drop to Rs 4.94 crore from about Rs 7.94 crore. The 750S Spider is expected to fall to Rs 5.46 crore from Rs 8.78 crore, and the GTS will decrease to Rs 3.83 crore from Rs 6.15 crore. McLaren has not officially confirmed these figures.

Key Highlights

• McLaren to cut India prices by up to 38 percent on several models
• 750S Coupe price to fall from Rs 7.94 crore to Rs 4.94 crore
• Price reductions follow the India-UK trade agreement lowering import duties
• Jaguar Land Rover previously cut prices by up to 18 percent
• Agreement not yet in force as ratification is pending

Luxury Car Prices Drop in India

The anticipated price reductions follow recent moves by Jaguar Land Rover (JLR), which cut the Range Rover SV by Rs 75 lakh to Rs 3.5 crore and the Range Rover Sport SV by Rs 40 lakh to Rs 2.35 crore on 5 May. These reductions represented cuts of about 15 to 18 percent. In contrast, McLaren's planned reductions are more than double those of JLR.

The price cuts are linked to the India-UK Comprehensive Economic and Trade Agreement. This agreement will reduce customs duties on UK-built petrol cars above 3,000cc and diesel cars above 2,500cc from 110 percent to 30 percent in the first year.

The rate will drop further to 10 percent by the fifth year, within an annual import quota. Both the 750S and GTS models use a 4.0-liter twin-turbocharged V8 engine, making them eligible for the reduced duty.

Trade Agreement and Market Impact

The trade agreement was signed on 24 July 2025, with an initial implementation target of April 2026. However, as of early June, Indian and UK officials are still resolving issues such as steel safeguards. The agreement has not yet come into force, and no duty cuts will apply until both countries exchange ratification notifications.

Despite this, some brands are already adjusting prices in anticipation of the benefit. The annual import quota will limit the number of cars that qualify for the lower duty, and eligible British brands must share this quota.

McLaren entered the Indian market in 2021 and opened its first showroom in Mumbai in late 2022, operated by Infinity Cars. By early 2025, the brand had delivered about 50 cars in India. Other British luxury brands such as Bentley, Rolls-Royce, and Aston Martin also qualify for the lower duty but have not announced price cuts yet. This agreement marks India's first tariff concession on cars in any trade deal. The information comes from sources who requested anonymity, as the details are not yet public.

Also Read: Jaguar Land Rover and Stellantis announce preliminary US joint development agreement

CarBike 360 Says

​With import duties easing, McLaren’s potential price reduction could mark a turning point for India’s luxury car segment. Lower entry barriers may attract a wider pool of enthusiasts while intensifying competition among premium brands. If implemented effectively, this move could strengthen McLaren’s footprint and reshape how high-performance cars are perceived and purchased in the Indian market.