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By GlobalDataThe Indian government is considering a more liberal licensing regime for the import and manufacture of spirits, as part of a programme to protect the domestic drinks industry from the influx of bottled foreign liquor after quantitative restrictions (QRs) cease to exist from April 1 next year. The directorate general of foreign trade (DGFT) recently advised the department of food processing industry (DFPI) to consider the issue of granting fresh import licenses to Indian companies seeking to bring in concentrate of alcoholic beverage to produce whiskey.
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData