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ALCOBEV GROWTH
AlcoBev company ABDL targets mid-teen growth in FY27, aims to cross Rs 600 crore EBITDAAllied Blenders and Distillers expects mid-teen revenue and volume growth by FY27. The company is focusing on premiumisation and expanding ...- RJ Corp picks former Diageo maven Prathmesh Mishra to expand drinks playRJ Corp, led by Ravi Jaipuria, has appointed former Diageo executive Prathmesh Mishra as it explores expanding into the premium alcoholic b...
- Gen Z in 'high spirits' as boomers wind downYounger Indians aged 21-28 are drinking alcohol more frequently than before. This trend challenges the idea that Gen Z avoids alcoholic bev...
- India poised to become one of world's top premium alcobev markets: Diageo India CEONew Delhi is set to become a major premium alcoholic beverage market in the next decade. United Spirits Ltd, also known as Diageo India, pl...
- Raising the bar: India-UK FTA seen driving next wave of premiumisation in alco-bev industryUnder the India-UK trade deal, set to take effect on July 15, India will be reducing duty on UK whisky and gin from 150% to 75% and further...
- India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...
- Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 croreCupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. T...
- A new-age thirst for beverages is emerging as a key force in India's consumer goods marketBeverage industry in India: Indian companies are seeing strong growth in drinks like coffee, ready-to-drink options, and protein beverages....
- QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impactRising fuel and LPG prices are impacting India's consumption landscape unevenly. While some sectors like QSR face margin compression due to...
- How global liquor brands are choosing desi partners to tap India’s premium boomGlobal liquor companies are increasingly partnering with Indian firms to navigate the complex market and tap into its steady growth. Facing...
- Pernod Ricard India eyes double-digit growth, retains top slot with Rs 27,446 cr revenue in FY25Pernod Ricard India targets double-digit growth in the coming years. The company plans to achieve this through premiumization and innovatio...
- Actor Rana Daggubati’s tequila brand Loca Loka to debut in India this NovemberThe premium spirits brand plans to tap duty-free stores first at the airports, leveraging this route as a high-margin discovery channel.
- Wine industry expects a boost in FY26 after last year's consumption slowdownThe wine industry anticipates growth in FY26 due to a stable economic environment. Sula Vineyards experienced a temporary slowdown in urban...
- CIABC seeks uniform taxation, global push for Mahua, FeniConfederation of Indian Alcoholic Beverage Industry requests uniform taxation. It also seeks promotion of Indian heritage spirits like Mahu...
- CIABC, APEDA to organise AlcoBev India 2025 on April 23The Confederation of Indian Alcoholic Beverage Companies (CIABC) and APEDA will jointly host AlcoBev India 2025 on April 23. The event will...
- Diageo India ropes in Praveen Someshwar as its new CEO, to replace Hina Nagarajan in AprilUnited Spirits Limited announced the appointment of Praveen Someshwar as CEO-Designate. He will replace Hina Nagarajan as Managing Director...
- Indian alco-bev industry one of the world’s most dynamic markets: Piccadily Agro’s Siddhartha SharmaMaker of Indri single malt whisky plans to establish its first international distillery in Portavadie, Scotland, and also cater to connoiss...
- Piccadily Agro to invest Rs 1000 crore in capacity expansion; new distillery in Scotland also lined upPiccadily Agro is investing Rs 1,000 crore to expand its distillery and malt facilities in Haryana and Chhattisgarh, and establish its firs...
- Why Coca-Cola is looking for fizz in a different bottleIntroducing an alcohol brand in India, Coca-Cola is strategically investing in the liquor market, propelled by an expanding middle-class, p...
- Delhi govt's new excise policy will boost revenue, trade of alcoholic beverages: ISWAIIn a letter, the body has also sought an appointment with Lieutenant Governor Anil Baijal to put their case concerning the new policy.
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