India–EU Trade Deal: European Cars To become Cheap

The ongoing trade deal between India and the European Union is nearing the final agreement. After the deal, European cars priced above €15,000 could become significantly more affordable in India, as import duties are expected to fall from the current 110% to around 40%. A further reduction to as low as 10% is also anticipated over the coming years. So, which cars are likely to become cheaper and more affordable if the India-EU trade deal goes through? Let's take a closer look.