India to slash tariffs on cars to 40% in trade deal with EU, sources say
- Posted on January 25, 2026
- By CNBC
- 5 Views
India to slash tariffs on cars to 40% in trade deal with EU, sources say
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).
