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BULK SCOTCH IMPORTS
Tax officials visit Radico Khaitan offices and plant amid probe into bulk Scotch imports under India-UK pactTax officials from the Directorate of Revenue Intelligence have visited offices and a manufacturing facility of Radico Khaitan. These actio...- India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group saysThe British government said "iconic UK products" like whiskies would benefit from the pact. Indian investigators, however, have privately t...
- 'Ease non-tariff curbs to ensure alcohol enters the market freely'"The spirit of the free trade agreement is twofold-tariffs and regulations that ensure businesses operate a bit more freely," Ian Duddy, th...
- India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources sayIndian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have impro...
- IMFL segment: Premium products share expected to hit 35-36 pc in 3-4 years, says industryThe India-UK Free Trade Agreement, which became effective from July this year, is supporting premiumisation in the domestic spirits market ...
- Scotch at a discount post UK FTA is only half the story for India's whisky marketIndia's import duties on Scotch whisky and gin have been halved by a new trade agreement. This change is expected to gradually lower prices...
- Whisky, no more a colonial hangoverIndia's whisky scene is experiencing a remarkable 'swadeshi' boom, with domestic premium brands like Indri and Rampur rising in popularity,...
- India poised to lead global scotch sales, says Scotch Whisky AssociationIndia is poised to become the world's largest market for Scotch whisky. A new trade agreement between India and the UK is expected to lower...
- Import of bulk Scotch to increase, FTA to also benefit IMFL industry: Scotch Whisky AssociationIndia is the world's number one Scotch whisky export market by volume, with 192 million bottles exported in 2024. However, in terms of valu...
- India-UK FTA: Scotch whisky, gin tariff cuts unlikely to impact retail pricesIndia and UK's free trade agreement will halve tariffs on UK-made whisky and gin. The tariff will eventually drop to 40% over ten years. In...
- How will India-UK FTA affect Indian alcobev stocks?Under the new FTA, India has agreed to cut import duties on Scotch, whisky and gin from 150% to 75% with immediate effect, with a further r...
- Plenty of room for domestic, British Scotch whiskies to prosper in India: Scotch Whisky AssociationThe strong demographic structure and economic growth prospects in India provide opportunities for both Indian and Scotch whiskies to thrive...
- $1 is all it takes to change the landscape of Indian Scotch marketA TOI report on Monday showed that this $1 difference in the MIP could lead to a significant bump in the shipment of popular brands like Jo...
- Level playing field needed to boost whisky sales: Chivas Brothers on India-UK FTAChivas Brothers, the Scotch whisky business owned by French distiller Pernod Ricard, has called for a fairer playing field in the India-UK ...
- UK-India FTA will increase investments: Chivas BrothersChivas Brothers, a leading Scotch whiskey manufacturer, expects the proposed free trade agreement between the UK and India to create a fair...
- Indians acquire a taste for Scotch, doubling its salesThe Scotch whisky market grew 33% year-on-year to 7.5 million cases (of nine litres each) in 2022, showed the latest data from global alcoh...
- United Spirits set on W&M local bottlingVijay Mallya-led United Spirits Ltd is expected to go in for local bottling of Whyte & Mackay Scotch whisky, taking it to the value Scotch ...
- UB paying 25% more for Whyte & MackayUB group’s proposed acquisition of Whyte & Mackay at a potential enterprise value of $1.38 billion will come at a 25% premium to global pee...
- Diageo's scotch pricing fails to cheer local cosIndia’s negotiations with EU on lowering tariff barriers for providing better market access to imported spirits is set to flare up with glo...
- UB group sets up £1.6-m scotch unit in ScotlandThe Vijay Mallya-led UB group, India’s no-1 spirit and beer company, has set up a £1.6m worth facility in Scotland for making bulk scotch w...
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