After the new trade agreement between India and Britain, now a major discount has been given in import duty on British beer and Scotch whiskey. This means that the beer which used to be available for 200 rupees earlier, now it can be available for just 50 rupees.
Beer of 200 rupees for 50 rupees?
Recently, a free trade agreement (FTA) has been signed between India and Britain on 6 May. Under this agreement, India has reduced the tax on beer from Britain to 75 percent from 150 percent. This means that now British beer brands will be able to get cheaper prices. The beer which used to be available for 200 rupees earlier can now be available for just 50 rupees. In addition, India's beer market is expected to reach around Rs 50,000 crore by 2024, and its popularity is likely to increase due to the changing lifestyle and social culture.Where are the most beer sold?
The highest consumption of beer in India is in southern states like Karnataka, Tamil Nadu and Kerala. In addition, Goa is a major beer center due to its open liquor laws and tourists. In North India too, beer consumption is good in cities like Delhi and Chandigarh.Which beer is sold the most?
- Kingfisher
- Budweiser
- Heineken
- Carlsberg
- Bira 91
Scotch no profit on whiskey and wine
Under the FTA agreement, not only beer, but also the import duty on Britain's Scotch whiskey has been reduced from 150% to 75%. However, India has not given any concession on Britain's wine, that is, there will be no change in the prices of wine. This means that British beer in India will now be available at cheap prices, which will directly benefit beer lovers. Also, this agreement will further strengthen the business relations between India and Britain.Disclaimer: Consumption of alcohol is harmful to health. NH Digital does not promote alcohol intake in any way.
