India to Resolve Scotch Tariff Dispute

India assured industry executives it will honour the UK trade pact and resolve a dispute regarding Scotch whisky tariffs. Commerce ministry officials stated that bulk imports qualify for duty concessions, easing concerns for Diageo and Pernod Ricard.

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FILE PHOTO: Bottles of alcoholic beverages are displayed on shelves at a liquor store in Bengaluru, India, January 20, 2026. REUTERS/Priyanshu Singh/File Photo

India assured liquor executives on Monday morning that it will honor its bilateral trade pact with the United Kingdom, easing tariff fears for DIAGEO PLC and PERNOD RICARD SA.