Scotch Whisky

British Scotch companies seek safeguard against excise duty hikes

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

India topples France as UK's largest Scotch whisky market; imports up 60%

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

Alcohol sales in India rose to a four-year high in 2022, says report

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

World's largest beer maker adds Budweiser Magnum whiskey to its India menu

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

300 liquor stores, 4 microbreweries: Host of changes for tipplers in Delhi

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

United Spirits to sell 32 liquor brands to Ravi Deol's Inbrew for Rs 820 cr

USL will retain McDowell's and Director's Special whiskey as it gives up labels like White-Mischief vodka and Honey Bee brandy.

Maharashtra govt cuts excise duty on imported scotch by 50%

The excise duty on imported scotch whiskey has been brought down from 300 per cent to 150 per cent of the manufacturing cost

Open to discussing import of scotch whiskey from UK in large amount: Goyal

India is committed to an FTA with the UK and it will also be good for Commonwealth countries, he added

World's most expensive bottle of whisky sells for 1.5 million pounds

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

UK's Scotch whisky exports rise 10.8% on surge in demand from India

Data published by the Scotch Whisky Association this week, exports to India increased by 44.4% to over GBP 56 mn followed by China, which was up by 34.8% to GBP 36.3 mn

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Scotland, the world's biggest whisky seller, exports more than 1 billion bottles a year

It's not Scotch, but Tasmanian whisky is flying off the shelves

Ten years ago there were only 3 distillers in Tasmania. Now there are 22, and with sales growing by more than 50% in the two years to June 2015

Booming India helps drive demand for Scotch whisky, says trade body

Scotch whisky exports rose 3.1% in the first six months of 2016

India emerges as top importer of Scotch whisky

The industry body also called on urgent action from the UK government to help realise the full potential of the Indian market