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ISWAI REPORT
IMFL segment: Premium products share expected to hit 35-36 pc in 3-4 years, says industryThe India-UK Free Trade Agreement, which became effective from July this year, is supporting premiumisation in the domestic spirits market ...
India-UK trade deal: Luxury cars get cheaper, but your Scotch will have to waitBritish carmakers are quickly passing on tariff benefits from the India-UK CETA trade agreement. Price reductions for Scotch whisky and gin...
AlchoBev industry expects up to 20 pc growth in Dec quarter riding on bullish festive salesThe Indian alcoholic beverage industry is experiencing a significant boom. Sales are projected to rise by 20 percent from October to Decemb...
Raising the bar: Why Indian agave spirits are calling the shotsAn evident change in the drinking culture is being witnessed in India in recent years, with healthier and premium home-grown agave spirits ...
Why beer in Goa costs you Rs 100 but Rs 305 in Karnataka, Rs 229 in Telangana?Alcohol prices in India vary significantly across states due to differing excise duties and taxes, with Goa having the lowest levies. This ...
Five liquor shops for one lakh Indians as boozy bottleneck grips a thirsty nationIndia's liquor retail density is significantly low, with only five shops per lakh consumers, leading to limited brand choices and overcharg...
Trump tariffs and whisky wars can’t shake the Indian single malt in your glassIndian single malts are gaining prominence in a premiumisation boom. Local brands like Amrut are challenging international whiskies with hi...
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...
Liquor bottles may carry stronger health warnings; FSSAI in talksThe FSSAI is in early discussions with liquor companies to implement new warning labels on alcohol bottles. Bombay High Court also issued a...
Liquor sales expected to surge beyond Diwali 2024 in key statesLiquor sales surged in October fueled by festive occasions and gifting trends, with states like West Bengal, Delhi, and Telangana reporting...
The Indian beverage industry has transformed to ''Made in India" for the worldThe sector also offers direct and indirect employment to a staggering 79 lakh individuals in India, according to a report, ''Economic Value...
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...
India’s alcobev sector to touch $64 billion by 2030According to International Spirits and Wines Association of India (ISWAI), the alcobev sector accounts for 2% of India’s nominal GDP and ge...
Premium spirits sales on a high as big stores bloom"Transformation in the alcobev retail environment, with larger browsable retail formats with a range of imported and domestic brands and ca...
Alcobev firms seek FMCG pricing peg to raise rates"The external environment remained challenging during the quarter with unprecedented levels of input cost inflation and an ongoing scotch p...
Bacardi announces Vinay Golikeri as Managing Director, India & neighboring countries“India is a dynamic and fast-evolving market, and is vital to our global growth,” said Vijay Subramaniam, Regional President, Asia, Middle ...
Alcobev industry body ISWAI writes to state govts on excise policy & allowing home deliveryCiting “extra ordinary inflationary pressures,” ISWAI has flagged that record increase in costs of input materials including extra neutral ...
Majority of Delhi residents support privatisation of liquor vends, says LocalCircles reportThe report, by social community platform LocalCircles, said 54% residents of Delhi support privatisation of liquor vends, and that half the...
30% spike in liquor sales; industry feels strain on pipeline, asks permission for more shiftsSpirits manufacturers, however, termed long queues outside liquor stores, as people in different parts of India braved the blazing sun, rai...