India–UK FTA | NSE’s Ashish Chauhan: Scotch Tariff Cuts To Unlock Big Gains For Indian Companies

NSE CEO Ashish Chauhan breaks down the implications of the India–UK FTA on the alcohol industry, especially the Scotch whisky segment. With India being the world’s largest importer of Scotch, he highlights how phased tariff cuts from 150% to 40% could open up new opportunities — including Indian-owned whisky brands entering the market via the UK. He also emphasizes the export potential of Indian-made liquor and the broader impact of geotagged products like Scotch whisky and Basmati rice under the deal.