New Delhi, Nov. 9 -- Bill Lumsden, master distiller at Glenmorangie, Scotland, throws up his hands and exclaims he hasn't seen the Taj Mahal despite visiting India several times. In the country after six years, he was here to introduce the luxury whisky's brand new version, the Glenmorangie 12-Year-Old that replaces the Glenmorangie 10-Year-Old. Many popular Scottish whisky brands such as Glenfiddich and Chivas Regal start their range with 12-year-old whiskies.

Trade tariffs may well be one of the biggest dampeners of 2025, but the India-UK free trade agreement (FTA) signed in May this year, has brought cheer to a section of the industry-Scotch whisky. Under the new agreement, imported Scotch whisky will attract excise duty of 75% instea...