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ALCOBEV INDUSTRY
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...- Dividends and bonus issues: 31 stocks turning ex-record date this week. Do you own any?As many as 31 companies, including HDFC Bank, Tata group firms and Brigade Enterprises, will turn ex-record date for dividends and bonus is...
- 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....
- Diageo India bets big on premium demandDemand for premium alcohol in India remains robust despite global challenges, says Diageo India's managing director Praveen Someshwar. Howe...
- Karnataka rolls out new alcobev policy, distillers unhappyBengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drin...
- Quiet moves by corporate giant spark buzz in India’s alcobev and drinks industryIn a surprising turn of events, a prominent Indian firm is said to be eyeing the bustling beverage market. With a series of discussions inv...
- Alcobev margins to drop 150–200 bps as glass bottle shortage drives up costs: CrisilIndia's alcoholic beverage industry is grappling with profit pressures this financial year. The skyrocketing costs of glass bottles, attrib...
- 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...
- 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...
- Indian Spirits cos stirred up to fight a premium battle as British scotch whiskies expected to flood India at reduced pricesA new India-UK FTA deal is set to halve import tariffs on whisky and gin, potentially flooding the Indian market with cheaper premium scotc...
- 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 1,000 cr to expand capacity, open distillery in ScotlandPiccadily Agro, the company behind Indri Single Malt Whisky and Camikara Rum, revealed a significant investment plan of Rs 1,000 crore. Thi...
- Discretionary spending may weaken in Q4; apparel, lifestyle cos and eateries expect sales to grow only 15%-20%The slowdown is not restricted to apparel. Even the liquor segment that surpassed pre-Covid sales last year, could see slower growth. Analy...
- 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.
- Cheers to that: India’s booming alco-bev industry seeing women breach the male bastionWomen’s presence in the industry is also bringing about diversity in marketing.
- Hindusthan National Glass to acquire Germany's Agenda Glas for Rs 320 croreHindusthan National Glass Industries said it will acquire Germany-based Agenda Glas, AG, entailing an investment of nearly Rs 320 crore ove...
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