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Diageo Says Prices May Fall After FTA
Mint Bangalore
|May 24, 2025
Earlier this month, India and the UK finalized the FTA, agreeing to reduce the 150% import duty on Scotch whisky
Diageo India, a subsidiary of Diageo Plc, anticipates that the recently announced India-UK free trade agreement (FTA) will help lower prices for imported spirits, with some categories seeing a high single-digit reduction, potentially lifting demand for its alcoholic beverages.
This story is from the May 24, 2025 edition of Mint Bangalore.
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