Indian Whisky Brands Can Rise to the Challenges Posed by the Recent FTA with UK, Says Paul John

Indian whisky brands can rise to the challenges posed by the recent FTA with UK, says Paul John

In the domestic market, there needs to be a concerted effort from the government to standardize excise policies, reduce entry barriers for domestic products, and ensure that Indian whiskies are recognized as premium offerings, he says.

India-UK Trade Pact Shakes Up Whisky Market

India-UK Trade Pact Shakes Up Whisky Market The India-UK free trade agreement, recently announced, introduces duty concessions on Scotch imports that are expected to significantly benefit Indian premium whisky distillers. Lower customs duties on bulk Scotch, a crucial component for Indian Made Foreign Liquor companies, are anticipated to reduce costs and boost affordability in the Indian market.Under this agreement, India will cut duties on UK w…