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"The Indian government&amp;#39;s decision to cut the basic import duty on spirits and wines from 210% to 182% has been met with little joy by the industry.   The drinks industry still believes the cut will do little eto help their business or combat the black market.   In a statement released to just-drinks Dinesh Jain, managing director of India &amp;amp;amp; Area Countries, Highland Distillers said: &amp;quot;Duty relief on BIO (bottled in Origin) liquor is a welcome step. However, it is only a very small step. The impact of duty reduction from 210% to 182% is likely to result in a final price reduction of only about 10-12%, especially for the premium brands like &amp;quot;The Famous Grouse&amp;quot;."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.just-drinks.com/news/budget-fails-to-lift-spirits-of-industry_id73341.aspx>