As per the India-UK FTA, New Delhi will be reducing duty on UK whisky and gin from 150 per cent to 75 per cent and further to 40 per cent in the tenth year of the deal.
Tilaknagar Industries has reported a net loss of ₹14.91 crore in Q4FY27 versus a net profit of ₹77.35 crore in the same quarter a year ago.
Pernod Ricard reported strong growth in India mainly driven by premiumisation thus giving a positive outlook for other liquor companies operating in the country.
JM Financial, in its report, highlighted that TIL is among the top five spirits players in India, with a leadership position in the brandy segment driven by its flagship brand, Mansion House.
Karnataka's new alcohol policy may benefit United Spirits and United Breweries as tax reforms and pricing flexibility could drive premiumisation, analysts said