India-EU FTA, Jan. 27 -- From cars, machinery to sweet treats , the newly concluded India-EU Free Trade Agreement (FTA) will bring at least over 30 cheaper products for Indian consumers.

Prime Minister Narendra Modi confirmed on Tuesday, that India and the European Union have finalised the long-awaited deal. According to an EU fact sheet, high tariffs of up to 44% on machinery, 22% on chemicals and 11% on pharmaceuticals will be mostly eliminated.

Here's the full list of which items get cheaper:

(This is a developing story. Keep checking for more updates)

Published by HT Digital Content Services with permission from MINT....