Tariff reduction will play animportant role when it comes to establishing a strong presence for The Glenmorangie Company in India, says ASPAR MacRae, CEO and President, The Glenmorangie Company (Moët Hennessy - LVMH).
Delhi has amended its excise framework with the Finance Department announcing key changes to the Delhi Excise Rules, 2010, aimed at strengthening oversight of industrial alcohol and clarifying provisions for sacramental wine.
India is a huge whisky market and Scotch Whisky is currently just a small part of it, with Indian whisky Gominating the domestic market and likely to continue doing so for the foreseeable future, says MARK Kent, CEO, Scotch Whisky Association.
Hendrick’s Gin recently hosted an exclusive festive evening in Gurugram with its Brand Ambassador, Charmaine Thio, offering guests an immersive glimpse into the brand’s unconventional world.
In a significant development, India has agreed to reduce import tariffs on wines from New Zealand under the newly concluded India–New Zealand Free Trade Agreement (FTA).
GMR Airports Ltd. (GAL) has strengthened its presence in India’s travel retail space by acquiring an additional 49.90 percent equity interest in Delhi Duty Free Services Private Ltd. (DDFS).
I believe regulators need to move. with greater speed in implementing reforms and simplifying excise structures. The current structure of compliance is highly complex, and there is an urgent need for standardisation, says VIJAY K. Rekhi.
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