Govt assures commitment to lower Scotch tariffs in India-UK pact, sources say

India's government has assured liquor companies that it will honor the terms of the India-UK trade pact. This agreement includes a reduction in Scotch tariffs from 150% to 75%. Recent investigations had raised concerns among major players like Pernod and Diageo regarding bulk Scotch imports. Sources indicated that there is a potential movement towards resolution of this dispute.