From textiles to mangoes, jewellery, steel and aluminium, the closure of the Strait of Hormuz is already causing profit margins to shrink and prices to soar. Now another Indian industry, bottled water ...

The escalation in oil prices due to the war has pushed up expenses for items such as plastic bottles, caps, and cardboard boxes.

While consumers have not yet seen a major jump in retail prices, manufacturers and resellers say the cost of producing bottled water has risen sharply in recent weeks.

India's bottled water market is valued at around five billion dollars and includes thousands of manufacturers ranging from large national brands to small regional producers.