A recent trade deal between India and the United States has led to a significant reduction in tariffs on bourbon, dropping from 150% to 100%. This move is especially beneficial for Kentucky, where most of the world’s bourbon is produced. The Kentucky Distillers' Association and local representatives perceive this as a vital opportunity to enhance job security and market access for the state's bourbon industry. Furthermore, Indian whiskey production is trending upward, with local brands outperforming foreign ones, indicating a dynamic shift in global whiskey consumption.
Thoughtful agreements like this will help protect Kentucky jobs and bring a taste of our state to more communities across the globe.
A historic accomplishment.
America's distinct spirit will now be more accessible in a market that will open doors for our state's signature Bourbon industry.
Indian single malts outselling their foreign counterparts there in 2023.
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