Allied Blenders partners Ranveer Singh to start new venture in premium segment
Allied Blenders and Distillers has teamed up with Bollywood star Ranveer Singh to launch a new venture focused on premium brands. The initiative aims to cater to the growing demand for luxury spirits in India, leveraging ABDL's sales and manufactu...
"The creation of this would mark a strategic move for ABDL, allowing the new venture to focus on the exciting world of luxury spirits, while retaining the existing core brands in ABDL itself," said a joint statement
With Indians drinking better and trending to luxury products, this business is set to make a significant impact.
"The entity will launch its own brands, partner with promising Indian start-ups, work with major international brands, and use the strong ABDL sales and manufacturing networks with clear go-to-market strategies," it said.
ABDL Managing Director Alok Gupta said: "This new venture, with the major impact personality like Ranveer Singh, represents our commitment to bring together simply the best. With him as our business partner and a creative mentor, we are confident that our luxury products will resonate with consumers".
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