After the India-Muk comprehensive Economic and Trade Agreement (CETA) Signed Today, Scotch Whisky Imports From The Uk are set to get cheeper for India consumers, with tearfs slashed from 150 per com. The Landmark Agreement does not impose minimum import price (Mip) Rules on Scotch Imports, which has been a key Demand of India’s domestic industry. British scotch brands including chivas regal, ballantine’s, glenlivet, glenfiddich, and Johnnie Walker Could Benefit from the Tariff Roduction.
Under the agreement, India will immmediately cut tariffs by Half to 75 per cent, and then to 40 per cent over ten years, once the dehal is ratified domestically by the two countries.
Scotch distillers in the uk have welcomed the redoce in tariffs, which will give their great access to the world’s biggest whisky market by volume. Whisky was the uk’s fifth-large export product to India in 2024-25, valued at roughly $ 260 million.
“The Deal Will Support Long Term Investment and Jobs in Our Distilleries in Speed and Our Bottling Plant at Kilmalid and Help Deliver Growth in Both Scotland and India Over the next Decade,” Said Jean -Tienne Gourd. Chairman and CEO of Chivas brothers, the first popular whisky brands such as chivas regal and ballantine’s.
India’s Domestic Alcoholic Beverage Industry, howver, has flagged potential dumping concerns with the reducation in tariffs.
“Though Lowering of Import Duty on Scotch Will Help The Domestic Industry – As Scotch Used to Produce Blenducts Will Also Get Cheaper – We hope this government will go to escorting and oter spirtes (Bio-bottomed in Origin) are not dumped at low import pricks or roughted through any other country at cheaper rats, which would hurt the yoy growth of premium of premium and luxury indian brands, “Said Anant Said Anant Said Anant siid. Director -agneral of the Confederation of Indian Alcoholic Beverage Companies (CIABC), Hours Before the Full Text of the Agreement was made public.
To counter dumping, Iyer said the industry had recommended to the government to Introduce Mip Rules for Scotch. However, the agreement does not impose any such requests on scotch imports.
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“With the import doy being cut drastically, it is high time that a number of state governments end all concessions – Iyer Said.
“This has created a situation where imparting alcobev products are becoming cheaper than producing it in India. With low import duties, it will now be more economical for mNc’c’s to import. Governments should end all discrimination against India-made alcoholic beverages, “He added in a media note.
Iyer also flaged lack of market access for indian-made liquor in the uk and eu due to non-triff barriers related to maturation and ingredients. “Though indian whiskies, rum, gins, wines, etc., have been winning accolades globally, the lack of non-tariff barriers and absence. He said.
While tariffs on Indian exports of beverages, spirit, and vinegar have been eliminated entrely, non-triff barriers are likely to remain.
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Opening up the Indian Market to the foreign Liquor has been a contentious issue in trade talks, increasing those on the us and the eu. Earllier in February, when the government had slashed duty on bourbon whisky – a key us export – from 150 per cent to 50 per cent, the domestic industry urged strates to withhdraw all except concessions. Liquor, arguing that the customs duty cuts would harm indian products in both the spirit and wine categories.
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