India to Meet Liquor Firms Over Scotch Tariffs
India will hold talks with liquor companies following concerns over bulk Scotch import tariffs. Domestic firms joined foreign peers in warning the move could hurt manufacturing and trade.
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India will hold closed-door talks with domestic and foreign liquor producers on Monday regarding a federal dispute over bulk Scotch whisky imports. The investigation threatens tariff reductions agreed under a bilateral trade pact with the United Kingdom implemented in July. The dispute risks disrupting a $65 billion domestic alcohol market that relies heavily on imported spirits.
