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INDIAN BEER MARKET
AB InBev invests Rs 200 crore in Rajasthan brewery as beer demand surges beyond big citiesAB InBev India has invested about Rs 200 crore in a new brewery in Neemrana, Rajasthan, expanding capacity to meet rising beer demand acros...
Glass, PET keep spirits high amid can shortageIndian beverage firms are increasingly using glass and PET bottles for packaging. This shift occurs as the West Asia conflict disrupts alum...
Beer gets its buzz going as spirits market sobers upState-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
UBL sees India as key growth engine for Heineken; focuses on premiumisation, margin expansionUnited Breweries Ltd sees India as central to Heineken's growth agenda. The Indian market is experiencing rising premiumisation and offers ...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 24%US bond yields remain elevated, suggesting that the debt market expects inflation to move up. Now, if the risk-free returns indicated by th...
Natural diamond prices have fallen 20-30% from post-pandemic highs: Paul Rowley, De BeersNatural diamond prices have stabilised after a significant correction, with larger stones seeing price increases. De Beers is now focusing ...
Carlsberg India posts strong volume growth in H1, IPO process underway: Global CEO Aarup-Andersen.Carlsberg India achieved strong volume growth in the first half of this year. Its flagship Carlsberg and Tuborg brands drove significant ga...
Ironhill India crafts overseas merger with US beer chainIronhill has acquired its US namesake through bankruptcy proceedings, creating a ₹450-crore hospitality group. The Indian microbrewery chai...
Premiumisation lifts liquor companies' June quarter topline amid cost headwindsPremiumisation is the key growth driver for India's alcoholic beverages industry. Major spirit makers expanded revenue and protected margin...
India's big billion-dollar trade deals are done. Now comes the real testIndia has spent years negotiating free trade agreements with some of the world's biggest economies. But signing the deals was only half the...
FSSAI names United Spirits, INBREW in crackdown over added flavours voilation in alco-bev productsThe FSSAI has issued notices to several liquor manufacturers for adding artificial flavors. These companies are accused of imitating natura...
Lion Brewery makes India comeback after 60 years, targets premium beer marketLion Brewery Co has re-entered the Indian market after more than sixty years. The company is launching its premium beer range in Delhi and ...
Coca-Cola India set to enter zero-caffeine market; to introduce global brand Coke Zero-Caffeine Zero-SugarCoca-Cola India is preparing to launch Coke Zero-Sugar Zero-Caffeine with local manufacturing, marking a new phase in the cola wars as dema...
RJ Corp picks former Diageo maven Prathmesh Mishra to expand drinks playRJ Corp, led by Ravi Jaipuria, has appointed former Diageo executive Prathmesh Mishra as it explores expanding into the premium alcoholic b...
India-UK ties expected to stay the course with Andy Burnham as new PMIncoming British Prime Minister Andy Burnham is expected to continue strong India-UK ties, with his govt building upon the Comprehensive Ec...
Decoding the India-UK CETA: Check what's changing in terms of tariffs, import duty & moreThe India-UK trade agreement, effective July 15, offers Indian exports significant market share growth. This historic deal removes tariffs ...
Carlsberg files IPO papers to raise $700 millionDanish brewer Carlsberg has taken a significant step towards listing its Indian operations by confidentially filing draft papers for a $700...
Beer maker Medusa raises Rs 56 crore in series A roundBeer maker Medusa Beverages has raised Rs 56 crore in a series A funding round led by investors Amal N Parikh and Ashwin Kedia. The funds w...
Bira91 parent plans a Rs 400-crore fund shot for expansion plansThe fresh fundraise comes at a time when the Indian beer market is forecast to almost double to $10 billion in a decade. This is expected t...
Carlsberg turns profitable in India, now the country's second largest beer companyIn less than a decade of its entry, Danish brewer Carlsberg has turned profitable in the Indian beer market during October-December quarter.