India, Oct. 26 -- It is that time of the year again. We have all arrived at that familiar yearly dilemma of generic hampers, endless dry fruit boxes, and an infinite cycle of passing along soan papdis and kaju katlis, the usual festive favourites in every Indian household.

While traditional sweets will always be a part of our festive celebrations, the way we celebrate has changed. Today, the festive season is just as much about card parties, family get-togethers and late-night Diwali gatherings with friends. And at many of these celebrations, a well-chosen bottle of liquor has become as much a part of the festivities as the mithai box, for both hosting and gifting.

I recently came across an interesting take on festive gifting. Luxury do...