India To Slash Tariffs On Cars To 40% In Trade Deal With EU: Report

India has agreed to immediately reduce the tax on a limited number of cars from the 27-nation bloc with an import price of more than 15,000 euros, two sources told Reuters.

Jan 26, 2026 - 12:30
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India To Slash Tariffs On Cars To 40% In Trade Deal With EU: Report
India has agreed to immediately reduce the tax on a limited number of cars from the 27-nation bloc with an import price of more than 15,000 euros, two sources told Reuters.

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