Consumers too have felt the pinch and have watered down their preferences, from premium whiskies to entry-level ones, from upmarket beer to...

While single malts are not allowed to be bottled outside Scotland, William Grant is likely to look at bottling its support brands in India.

On expectations from the Indian market, he said: "We have a target to achieve 20 per cent of the imported whisky market in India by 2025."