Scotch whisky gets cheaper in India after UK trade pact: Johnnie Walker Black Label prices falls to Rs 3,800 from Rs 4,250, J&B to Rs 1,700 from Rs 2,300 as tariff drops from 150% to 75%
Before the lower prices could be introduced, the companies were required to submit proposals to state excise authorities. Scotch whisky prices in India have dropped by 10-15% for the first time since the India-UK free trade agreement came into force, with Diageo and Pernod Ricard passing on lower import costs to consumers in some key…
