Imported whiskies to get cheaper by ₹300

DESPITE a steep reduction in import duties on UK-originated spirits under the newly signed India-UK Free Trade Agreement (FTA), the final impact on the prices of premium brands such as Johnnie Walker and Glenfiddich in India is expected to be limited.

- ARSHAD KHAN @ New Delhi

trade relations between two major economies, setting an ambitious and balanced framework. It unlocks tariff-free access on 99% of Indian exports to the UK, covering nearly 100% of trade value - advancing the 'Make in India' initiative and setting stage for bilateral trade to double by 2030," said commerce minister Piyush Goyal. He said the FTA will serve as a catalyst for inclusive growth, benefiting farmers, artisans, workers, MSMEs, start-ups, and innovators while safeguarding India's interests. The deal eases mobility for service professionals. "Up to 1,800 Indian chefs, yoga instructors, and classical musicians will be allowed to temporarily move to the UK to provide services," the Indian government said. The UK government said the deal will cut India's average tariff on UK products from 15% to 3%, benefiting British exports, including soft drin