Delhi, Feb. 16 -- New The Confederation of Indian Alcoholic Beverage Companies (CIABC) on Saturday urged the government to impose stringent measures to curb dumping of imported spirits and ensure greater market access for domestic products.
The Confederation of Indian Alcoholic Beverage Companies (CIABC) said the Indian liquor manufacturers are not against reduction in import duty, though they have sought the import duty cuts in a phased manner.
India on February 13 slashed import duty on bourbon whiskey to 100 per cent. It is mainly imported from the US.
The confederation "has urged the government to address the concerns of the Indian companies and ensure a level-playing field in FTA (free trade agreement) negotiations and set in string...