India's love for darker spirits makes the world's largest beer maker enter the whiskey segment in the country
Delhi is set to return to the old liquor excise policy regime, which includes opening 300 new liquor shops, and four microbreweries in the city
USL will retain McDowell's and Director's Special whiskey as it gives up labels like White-Mischief vodka and Honey Bee brandy.
The excise duty on imported scotch whiskey has been brought down from 300 per cent to 150 per cent of the manufacturing cost
India is committed to an FTA with the UK and it will also be good for Commonwealth countries, he added
The Macallan 1926 60-year-old single malt from cask number 263 had been expected to sell for up to £450,000
Data published by the Scotch Whisky Association this week, exports to India increased by 44.4% to over GBP 56 mn followed by China, which was up by 34.8% to GBP 36.3 mn
Scotland, the world's biggest whisky seller, exports more than 1 billion bottles a year
Ten years ago there were only 3 distillers in Tasmania. Now there are 22, and with sales growing by more than 50% in the two years to June 2015
Scotch whisky exports rose 3.1% in the first six months of 2016
The industry body also called on urgent action from the UK government to help realise the full potential of the Indian market