Whisky

The organisation fears any import tariff liberalisation could be offset by increases in state-level taxes

India has overtaken France to become the UK's largest market of Scotch whisky in terms of volume with a 60 per cent hike in imports in 2022 over the previous year, according to the latest figures released by Scotland's leading industry body. The Scotch Whisky Association (SWA) revealed on Friday that India imported 219 million 70cl bottles of Scotch compared to France's 205 million last year representing growth of the Indian Scotch market of more than 200 per cent in the past decade. As one of the key sectors of focus for the UK in the free trade agreement (FTA) talks with India, now in their seventh round of negotiations, SWA pointed out that the hike in volume still makes up only a fraction of the Indian whisky market due to high tariffs. Despite double-digit growth, Scotch whisky still only comprises 2 per cent of the Indian whisky market, the association said. SWA analysis shows that a UK-India FTA deal which eases the 150 per cent tariff burden on Scotch whisky in India could

The rise was the sharpest in premium products with their portfolio now accounting for a fifth of all the whisky sold in India

India's love for darker spirits makes the world's largest beer maker enter the whiskey segment in the country

Delhi is set to return to the old liquor excise policy regime, which includes opening 300 new liquor shops, and four microbreweries in the city

The IPO comprises fresh issue of equity shares worth Rs 1,000 cr and an Offer For Sale to the tune of Rs 1,000 cr by promoter and promoter group entity, according to the DRHP

"The excise commissioner comprehensively dealt with the matter and has exercised the statutory power in the right perspective," the court said.

A selection of key court orders

On Tuesday, the company reported an 8.4% drop in organic sales for the year ended June 30

Loss of business in peak season, higher consumption cost and lower shelf life to make recovery tougher than United Spirits

The Macallan 1926 60-year-old single malt from cask number 263 had been expected to sell for up to £450,000

According to scientists, whisky's smokiness, the smell of beets and lily of the valley perfume can be different depending on your genetic wiring

The market for single malts in India may be small but it's far from staid

Buyers of Jack Daniel's or Woodford Reserve whiskey can expect to see the price of a standard 700 ml bottle go up by about 10 per cent

It is gaining popularity as more Indians are travelling overseas and experiencing international drinking trends