India-UK FTA won't make Scotch cheap

India-UK FTA aims to halve tariffs on UK whisky and gin, but significant price drops are unlikely soon. The agreement, awaiting UK parliamentary ratification, will gradually reduce tariffs over ten years, with experts predicting only an 8-10% price decrease due to other cost factors. This reduction was a key British demand, but state taxes and distribution costs will limit the impact on consumer prices, even after the deal's approval.