India-UK trade deal sealed, but scotch prices to come down only by next year

Despite the India-UK trade deal slashing scotch import duties, consumers shouldn’t expect drastic price drops immediately. Ratification by the UK Parliament is pending, and even then, price reductions will likely be limited to 8-10% due to state taxes and distribution costs. While international and Indian spirits makers welcome the move, the real impact on consumers will be modest.

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