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DOMESTIC SPIRITS MAKERS
Trade, tariffs & taste: American whiskey pushes for a fair pour in IndiaUS trade representative Jamieson Greer’s recent visit to New Delhi is seen as a key step toward finalising a US-India trade framework, with...- 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...
- India Inc. is profitable. So why isn’t it investing?Indian companies are making record profits, but they are not investing in new factories or infrastructure. This is creating fewer jobs and ...
- Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
- Iran war creates new must-have for summer holidays: The plan BTravellers are changing holiday plans. Shorter trips in Europe are becoming popular. Rising airfares and conflict are causing concern. Many...
- Piccadily Agro Q4 Results: Profit rises 14% to Rs 45 cr; FY26 revenue crosses Rs 1,110 cr markets stocks earningsPiccadily Agro Industries Ltd, maker of single malt whisky Indri and Camikara Rum, has reported a 13.6 per cent increase in its net profit ...
- India-New Zealand FTA duty concessions under to help boost exports of single malt whisky: CIABCIndia's free trade agreement with New Zealand is set to boost Indian liquor exports. Duty concessions will make Indian single malt whisky a...
- Push into India is no longer optional, says world's largest cork maker Corticeira AmorimCorticeira Amorim, a global cork giant, is making India a priority for its future. The company sees India's booming spirits market as essen...
- Domestic spirits makers seek fair play in India-US trade dealIndian spirits makers want import duties to match new trade deals. They seek a fair market against foreign liquor. The industry faces disad...
- Indian spirit makers flag discrimination against domestic brands by states' excise policiesIndian spirit makers have alleged bias in several state excise policies, claiming imported alcoholic beverages are taxed more favourably th...
- Import duty cuts on wine in FTAs may hurt local makers: CIABCCIABC warns that lowering import duties on wine in future trade deals could negatively impact Indian manufacturers. Concessional tariffs on...
- 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...
- Paul John single malts to step up exports, says company chairmanJohn Distilleries Ltd expanded its Goa distillery's capacity to 3 million litres annually, investing Rs 100 crore. This expansion aims to m...
- US giant Sazerac buys strategic stake in India's John DistilleriesThis marks a rare M&A deal — the only transaction other than Diageo’s takeover of United Spirits in over a decade — in the heavily regulate...
- Japan's Suntory, Tilaknagar in race to buy Imperial SpiritsPE fund Lighthouse puts company on the block; deal values Imperial Spirits at 600 crore.
- Imported liquor lovers may have to pay more per bottleImported spirits and wines are set to cost more in the state, with the govt notifies 200% excise duty irrespective of price. Heavy drinking...
- Beam Global Spirits to expand distribution networkBeam Global Spirits and Wine, makers of the Teachers brand Scotch whisky, is planning a retail channel expansion as part its strategy to ca...
- Angostura in 50:50 JV talks with John DistillersCaribbean spirits giant Angostura, makers of eponymous rums and bitters, has initiated talks for a joint venture with Bangalore-based Rs 60...
- Jim Beam set to launch Indian whiskyThe call of Indian spirits is getting stronger for the global liquor giants just a few years after some of them walked out citing a difficu...
- UB ropes in Grover Vineyards VP to head wine divisionVijay Mallya’s wine foray is setting off a churn at the top at smaller, domestic wine companies.
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