Overview
- India will reduce import duties on UK whisky and gin from 150% to 75% immediately and to 40% over ten years, boosting accessibility to premium brands.
- The agreement excludes a Minimum Import Price provision for British alcohol, despite demands from domestic producers to curb under-invoicing and dumping.
- Tariffs on UK automotive imports will drop to 10% over 10–15 years under quotas, with differentiation based on price bands and engine capacity.
- Sensitive agricultural and industrial products, including dairy, apples, cheese, and plastics, are excluded from tariff concessions to protect domestic industries.
- The FTA is expected to enhance Indian exports of textiles, footwear, carpets, and marine products to the UK, which currently face tariffs of 4–16%.