Indian premium whisky distillers expect that the duty concessions on Scotch imports under the India-UK free trade agreement will help improve their margins and speed up growth.A lower customs duty on bulk Scotch, used by many Indian Made Foreign Liquor( IMFL) companies for blending, will reduce costs and make premium spirits more affordable in the Indian market, which is the world's largest for whisky, they added. Under the trade pact, announced earlier this month, India will reduce duties on UK
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2025-05-18 00:00:00.0