Indian single malt demand outstrips supply as sales surge sixfold since 2020

Indian single malt whisky hit 490,000 nine-litre cases in 2025, up 22% after 26% growth in 2024. Maturation of 3+ years and 10%+ angels' share constrain supply, forcing distillers like Amrut, Paul John and Indri to ration stock. A new certification mark now backs locally produced malts.

— Filed Thu, 2 Jul, 2026, 00:41 IST · Source ET Small Business · Updated

Indian single malt demand has outpaced supply as maturation takes years; sales grew sixfold since 2020 to 490,000 cases. Distillers ration stock. Indian Malt Whisky Association launched a certification mark for locally produced single malts.

Why this matters

Indian single malt is maturing from niche to constrained-supply category, with sustained double-digit growth (22% in 2025, 26% in 2024) and a new certification mark signaling category legitimacy amid rationing by Amrut, Paul John and Indri.

Retail-brand signals steady at 2,279 over the last 90 days.