India-UK FTA unlikely to hurt domestic consumer brands, industry says

Businesses in India are hopeful that the forthcoming trade agreement with the UK will foster innovation instead of sparking fierce competition. Popular British items, including Scotch whiskey and chocolates, are set to become more wallet-friendly for Indian shoppers. The implementation of reduced tariffs over ten years will lead to a gradual shift in pricing.

from Industry-Economic Times https://ift.tt/uGB1oDf
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