Brief by Shorts91 Newsdesk / 06:32pm on 06 May 2025,Tuesday Business
The UK-India Free Trade Agreement brings major gains for the Scotch whisky industry. India will cut import taxes on Scotch from 150% to 40% over 10 years, making UK whisky much more affordable in the world’s largest whisky market. This move is expected to boost exports by £1 billion in five years and create 1,200 jobs across the UK. Mark Kent, Chief Executive of the Scotch Whisky Association, called it “a once-in-a-generation opportunity” for growth. More small and medium UK whisky producers can now access the Indian market, reaching millions of new consumers. (Representative image)
