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INDIAN ALCOBEV INDUSTRY
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...
- 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...
- Sun Pharma deal structurally strong, debt the only overhang: Amit KhuranaMarket expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma's acquisition is seen as strategically ...
- No decision yet on India unit listing; exploring strategic options to boost value: Pernod RicardFrench spirits giant Pernod Ricard has stated no decision is made on listing its Indian subsidiary. The company is exploring options to enh...
- John Distilleries open to further stake sale to Sazerac, founder saysJohn Distilleries founder Paul John is open to selling his remaining stake to US spirits group Sazerac. Sazerac already holds a significant...
- Karnataka liquor taxation: Distillers to meet CM, seek review of new alcobev tax structureAlcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...
- India’s newest round of drinkers is rewriting the rules of the world’s biggest barYoung Indians are redefining their drinking habits not by drinking less, but by selecting superior quality alcohol. This notable shift towa...
- 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...
- Alcobev industry associations ask Telangana govt to clear Rs 3,151 crore duesAlcobev industry associations have urged the Telangana government to clear Rs 3,151 crore in dues owed to suppliers, warning of supply disr...
- 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...
- 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...
- Make-in-India spirits poised for global growth; focus on global expansion, premiumization, innovation and collaborationThe sector is a critical economic driver, with an estimated domestic volume of 390 million cases of branded spirits and an excise revenue c...
- Raise the Spirits: Whisky and rum dominate India's rising thirst for premium alcoholIndia's alcohol beverage market has evolved beyond sheer volume, now ranking 5th globally in revenue contribution at 3.1%. Alongside China,...
- 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...
- Bacardi high on premiumisation of portfolio in IndiaAccording to industry body Confederation of Indian Alcoholic Beverage Companies, alcobev drinks priced over ₹1,000 have grown four times fa...
- Indian alcohol beverages industry to witness margin contraction in FY24 despite steady demand: ICRAICRA predicts that domestic alcohol beverage companies in India will experience steady revenue growth of 8-10% in FY2024. The industry saw ...
- High taxation rates crippling liquor trade: ISWAI"The Indian alcobev industry is in deep crisis due to inflation on one hand and high taxation rates. In this context, it is needed to decre...
- Alcobev cos note improving recovery and growth in premium spirits category post pandemic: Emkay Global reportCompanies highlighted the impact on the regular segment as consumers downtraded to cheap or country liquor in some states amid the pandemic...
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