Interpreted Prediction
Predicted that India's domestic alcohol industry will face heavy competition due to decreased prices of British whisky.
AI Evaluation Notes
The India-UK Free Trade Agreement (FTA) has been finalized, leading to a significant reduction in tariffs on British whisky, from 150% to 75% initially and potentially to 40% over time. This has indeed led to concerns and discussions within India's domestic alcohol industry about increased competition from imported British whiskies.
Prediction Details
Target
Face heavy competition
Predicted
date
Ongoing, after the trade deal