British supercar maker McLaren is set to cut prices across its India range by close to 38%, with the 750S coupe falling to ₹4.94 crore from about ₹7.94 crore, according to people aware of the company's plans.
Additionally, the 750S Spider is set to drop to ₹5.46 crore from ₹8.78 crore, and the GTS to ₹3.83 crore from ₹6.15 crore. McLaren has not publicly confirmed the figures.
Jaguar Land Rover moved first, cutting the Range Rover SV by ₹75 lakh to ₹3.5 crore and the Range Rover Sport SV by ₹40 lakh to ₹2.35 crore on 5 May. Those cuts came to about 15% to 18%, with JLR passing on part of the available relief. McLaren's planned reduction is more than double that.
The relief comes from the India UK Comprehensive Economic and Trade Agreement, which provides for cutting the customs duty on UK built petrol cars above 3,000cc and diesel cars above 2,500cc from 110% to 30% in the first year, falling to 10% by the fifth year within an annual import quota. Both the 750S and the GTS use a 4.0 litre twin turbocharged V8, placing them in this top engine band.
The agreement has not yet come into force. It was signed on 24 July 2025, and an April 2026 implementation target has slipped, with Indian and UK officials still resolving issues such as steel safeguards as of early June. None of the duty cuts apply until both sides exchange ratification notifications, so brands moving now are pricing in the benefit ahead of implementation. The quota also caps the number of qualifying cars, which the eligible British brands must share.
McLaren entered India in 2021 and opened its first showroom, in Mumbai, in late 2022, run by importer Infinity Cars. The brand had delivered about 50 cars in the country by early 2025.
Bentley, Rolls Royce and Aston Martin are also eligible for the lower duty, but none has yet announced a cut. The agreement is India's first tariff concession on cars in any trade deal.
Sources declined to be identified as the information is not public yet.