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Italian luxury carmaker Automobili Lamborghini will not benefit from the proposed India-European Union free trade agreement as the pact currently excludes plug-in hybrid vehicles , Chairman and CEO Stephan Winkelmann said, while adding that the company expects steady growth in India amid rising demand.“There is bad and good news. So the fact that there is this signing between India and the EU to reduce the tariffs is a good sign. But unfortunately this is not affecting our type of cars because it is for internal combustion engine cars and not for plug-in hybrids. We have all plug-in hybrids,” Winkelmann said.The company sells models such as Urus SE, Temerario and Revuelto in India, priced between Rs 4.47 crore and Rs 8.70 crore (ex-showroom), and has crossed annual sales of 100 units in the country.Winkelmann said the current structure of the trade deal leaves Lamborghini outside its benefits. “So we are not benefiting from this type of reduction of taxation. I don't know when this is going to be in place. But I can tell you that this is not affecting Lamborghini. This is a pity. We hope that maybe in future this is going to be inside the deal,” he said, adding that “plug-in hybrids and full electric cars are not part of the deal”.Despite this, the company expects stable performance in India in the near term. “Our forecast is to, so far with the knowledge I have today, have a stable situation in the Indian market,” he said.The company remains optimistic about long-term growth, citing changing consumer trends. “We think that there will be growth in the future as there is a change of generation in the Indian market. There is more openness to buy our type of cars,” Winkelmann said.He also pointed to improving infrastructure and policy stability as supportive factors. On future sales milestones, he said the company will expand cautiously. “We will be ready to do more, but we will never push the cars into the market. So we will... for sure use every opportunity to increase our footprint in India,” he said.“What we will not do is to push it and overperform one year and then drop in the year to come,” he added.According to Winkelmann, future growth will depend on how the Indian market evolves. “Depends on the maturity of the market, and therefore we are patient. We hope and we think that there is still a huge potential just to unfold in India,” he said.He added that Lamborghini continues to invest in new products and brand development globally. “So we will see how the situation is evolving and we will be ready as soon as the market is,” he said.Highlighting demand trends, he said Indian buyers, both domestically and overseas, are increasingly contributing to sales. “We have our Indian customers which are in a change of generation. So the new generation is more likely to enjoy our type of cars, and therefore I think that this is a good situation,” he said.Globally, Lamborghini delivered 10,747 cars in 2025, crossing the 10,000-unit mark for the third consecutive year.