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ALCO BEV BEER
Japan’s Kirin in talks to pull out of Bira 91 maker B9 Beverages amid brewing financial strainJapan's Kirin Holdings is seeking to exit its investment in Bira 91. The company holds a significant stake in the Indian craft beer maker. ...
Expects 6-7% volume growth, GST reforms to spur alcoholic beverage consumption: UBL CEO & MDUnited Breweries Ltd anticipates a 6-7% volume growth this fiscal year, despite rain-related setbacks in key states. Premiumization is expe...
ZigZag Vodka sweeps Asia World Spirits CompetitionIndian vodka shines with three silver medals and one bronze. The wins at Asia's top spirits competition shows that Indian alcohol brands ar...
Scotch, whiskey & more: Why the world is raising a toast to Indian tipplersTop spirit makers, including United Breweries, AB InBev, and Carlsberg, are investing over Rs 3,500 crore in Indian breweries by 2025, driv...
Beer prices in Telangana based on FY19 cost; Rs 3,900 crore dues remain unpaid to alcoBev sector: BAIUnited Breweries and the Brewers Association of India (BAI) have raised concerns over the commercial viability of beer prices set by the Te...
United Breweries cheers to new beginnings; to debut premium Dutch beer Amstel in IndiaUnited Breweries will introduce Amstel Grande, a Dutch premium beer, in India. This announcement comes as demand for premium beers rises by...
This Indian craft beer maker is betting on a $70 million beer factory to take on global brewsB9 Beverages Ltd, supported by Kirin Holdings, aims to surpass global beer brands by building India’s largest beer factory for $70 million....
Pernod Ricard’s loss in Delhi to help Radico, United Spirits: Karan TauraniPernod Ricard's non-renewal of liquor license in Delhi will benefit local brands and companies, such as Radico. United Spirits also will ma...
Beer, spirit companies break out the bubbly as sales hit 10-year highThe pandemic hit beer and spirit makers as bars, restaurants and pubs across the country operated with low footfalls and restricted travel ...
Medusa Beverages diversifies into fashion retail to engage with customers beyond beerThis is not the first time a beer maker has diversified into fashion apparel to build its brand in a market where liquor advertising is ban...
- Q1, Q2 will be challenging due to highway alcohol ban: Shekhar Ramamurthy, MD, United Breweries
The alcohol ban will make it very challenging for the companies, especially in the first two quarters, according to Shekhar Ramamurthy, MD,...
Rising income, wide reach make scotch and other whiskies popular with young drinkersYoung consumers are now driving a significant chunk of malt whiskey sales, forcing distillers to position some of their brands as more vibr...
Beer Cafe forays into retail merchandise with BeerosphereAlco-bev beer bar chain Beer Cafe has extended its brand to merchandise across close to 30 categories under the brand name Beerosphere.
Breweries want beer to be delinked from hard liquors for taxesIndian beer makers have demanded that all the state governments should delink the beverage from hard alcoholic liquors as far as levying ta...
In a first, Sequoia Capital invests in craft beer brand Bira 91The $6 million in series A funding will be used in marketing of the brand as well as starting a production facility in Madhya Pradesh by Ma...
Alco-beverage ventures spring up in India; look to cater to demand for exotic spiritsImports of alco-beverages in India are highly regulated and subject to a high and complex tax structure Strict import regulations is also a...
- Hindusthan National Glass to acquire Germany's Agenda Glas for Rs 320 crore
Hindusthan National Glass Industries said it will acquire Germany-based Agenda Glas, AG, entailing an investment of nearly Rs 320 crore ove...