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.

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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 items ranging from machinery and electrical equipment to wine, beer, olive oil, sausages and other meet preparations that will get cheaper:

The pact is expected to be formally signed after legal vetting, which is likel...