The brewer has about 18% market share in India, backed by Carlsberg Elephant and Tuborg, in a market skewed towards strong beer.

“Prices have been increased to offset the GST impact,” said Carlsberg CFO Heine Dalsgaard, after declaring Q3 performance, which saw net re...

The Indian market was very volatile due to the highway ban, GST and heavy rainfall in some of the provinces, Carlsberg CFO said.