#TradeStories UK-India Trade Deal Boosts Scotch Whisky Exports
The UK and India finalized a trade agreement reducing tariffs on Scotch whisky imports into India from 150% to 75%, with a further decrease to 40% over the next decade. This deal is expected to increase UK whisky exports to India by £1 billion over five years. India, already the largest market for Scotch by volume, stands to benefit from more affordable imports, while UK distillers gain access to a growing market. However, state-level levies in India remain a challenge for full market penetration.