New Delhi — In a landmark decision set to delight automobile enthusiasts across India, the Directorate General of Foreign Trade (DGFT) announced today a significant amendment to the country’s Import Policy. Spearheaded by the Heritage Motoring Club of India (HMCI) and championed by its Founding Member, Padma Shri Dr. Vipin Buckshey, this policy change permits the free import of vintage cars—specifically those over 50 years old from the date of first registration—without the need for an import licence.
The amendment, implemented following a detailed representation by HMCI on April 25, 2024, was shaped with the valuable guidance and support of Mr. Viveck Goenka. Under the new guidelines, actual users across the country can now import vehicles manufactured and registered abroad up to the year 1975 during the current import year on a rolling basis.
“The decision to ease import regulations for these historic vehicles marks a pivotal moment in preserving our motoring heritage,” remarked Diljeet Titus, General Secretary of HMCI. “This is not just a boon for collectors, but also a significant step in celebrating the rich legacy of automotive history in India.”
Key to the DGFT’s stipulations is that the relaxed import policy is strictly applicable to “Actual Users” only. The authorities have clearly emphasized that the imported vehicles are not to be traded in any form within the domestic market. Moreover, any deviation—such as imports made by dealers for resale—will attract stricter conditions, including a potential “No Sale for 5 years” mandate from the date of import.
Diljeet Titus, General Secretary of HMCI, co-signed the announcement, underscoring the club’s active role in advocating for policies that facilitate the preservation and appreciation of classic automobiles in India. The new policy is expected to spark a resurgence among vintage car enthusiasts and collectors, offering them a unique opportunity to bring historical automotive treasures into the country without the typical regulatory burdens.
Industry experts view the policy amendment as a well-calibrated balance between encouraging the revival of classic cars and safeguarding the domestic market from potential commercial exploitation. As the DGFT continues to monitor the implementation closely, enthusiasts are advised to adhere strictly to the guidelines ensuring that their imported vehicles remain personal treasures rather than commercial assets.
This progressive move not only paves the way for preserving an essential part of India’s motoring heritage but also reflects the government’s broader commitment to cultural and historical conservation through thoughtful economic reforms.
