StocksMedium•19 October 2026•
1 min read
India Probes Diageo and Pernod Scotch Imports Under UK Trade Pact
Key Facts
1Indian authorities are investigating Scotch whisky imports by Pernod and Diageo under the India-UK trade pact.
Indian authorities are investigating Scotch whisky imports by Diageo and Pernod Ricard under the India-UK trade pact. Reuters reported that the probe focuses on whether the companies are complying with specific rules of origin and tariff concessions outlined in the bilateral agreement.
Diageo (DEO) closed at $95.11 on October 16, 2026, as regulatory scrutiny intensifies in a major growth market. This investigation follows data showing India's trade balance at a deficit of $30.21 billion on October 15, 2026, while the UK reported a non-EU trade balance of -$5.29 billion on the same date.