Modi's government has agreed to immediately reduce the tax on a limited number of cars from the EU with an import price of more than 15,000 euros ($17,739).

Modi's government has agreed to immediately reduce the tax on a limited number of cars from the EU with an import price of more than 15,000 euros ($17,739).

Goods traded between India and the EU in 2024 amounted to over 120 billion euros (about $140 billion), making it New Delhi's largest trading partner.

The agreement, struck after two decades of talks, aims to cut tariffs on nearly all European exports and create a market of roughly two billion people.

Wide-ranging deal will cut tariffs to zero over seven years as Modi hails ‘largest free trade agreement’ in India’s history

Deal expected to ease access for European cars and wine, in return for Indian exports of textiles, gems and pharmaceuticals

NEW DELHI: Prime Minister Narendra Modi said Tuesday that India and the European Union have reached a free trade agreement to deepen their economic and strategic ties. The accord,…

India and EU have concluded a two decade long trade negotiations

NEW DELHI: India and the EU have concluded negotiations on a deal creating a free trade zone of 2 billion people, European Commission President Ursula von der Leyen and Indian…