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.