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INDIAN WHISKY MARKET 2030
Spirits giant Suntory bets on Oaksmith, Jim Beam to crack India’s whisky market by 2030Suntory Global Spirits targets India as its third-largest market by revenue by 2030. The company plans to sell locally made whiskies and im...- Diageo to rework whisky, rum brands after FSSAI red flagThe company said it had engaged with the Food Safety and Standards Authority of India (FSSAI) over its updated guidelines and had taken mea...
- Diageo agrees to reformulate India whisky, rum drinks after flavouring breach, sources sayDiageo has agreed to reformulate some of its best-selling whisky and rum brands in India after the food safety regulator banned them in som...
- Market opportunity for REITs and InvITs is set to increase 2-3x from the existing AUM by 2030: ReportIndia's Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) could expand two to three times from the existi...
- Seaplanes in India get an electrifying push with SkyHop Aviation's new dealSkyHop Aviation, India’s seaplane operator, is exploring electric seaplane deployment with Noemi Aerospace across India and South Asia. Sky...
- India's telecom & network equipment needs urgent policy support: NITI Aayog says sector could double GDP shareIndia's telecom sector needs policy support to boost domestic manufacturing and exports. Heavy reliance on imports, especially from China, ...
- India's chemicals sector targets up to $81 billion exports by 2030: NITI Aayog reportIndia's chemicals sector aims for USD 81 billion in exports by 2030. This expansion will reduce import dependence and boost domestic produc...
- Need one or two Indian pharma firms to be among global top 5: PM ModiPrime Minister Modi urged Indian pharmaceutical companies to reach global top five. The Indian pharma industry ranks third globally by volu...
- HC stays FSSAI ban on pre-packed whisky, rum of Khargone firmThe Madhya Pradesh High Court has stayed an FSSAI order banning whisky and rum sales. This interim order was passed on August 6, preventing...
- Coal demand to touch 1.6 bn tonnes by 2030; need transparent, market-driven pricing: OfficialIndia's coal consumption is set to hit 1.6 billion tonnes by 2030, prompting the need for clear market-oriented pricing strategies. Establi...
- Diageo India unit tells court rum ban lacked due process: ReportUnited Spirits challenges a government ban on its popular rum in Maharashtra. The company argues the prohibition order was issued without f...
- Inspectors seize thousands of Diageo whisky, vodka bottles in food safety crackdownIndian inspectors seized approximately eighteen thousand boxes of Diageo liquor bottles. These bottles allegedly lacked required markings f...
- Saudi Arabia's flyadeal to operate 5 weekly Riyadh-Mumbai flights from October 3Saudi low-cost carrier flyadeal will begin five weekly flights connecting Riyadh and Mumbai. This new service adds over seven thousand seat...
- 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 warned Diageo that its whisky's 'matured in American oak casks' claim was misleadingIndia's food safety regulator has warned Diageo about misleading whisky maturation claims. The FSSAI stated that most of the product was no...
- Dabur takes FSSAI to court; fourth company to do so in recent weeksDabur India is contesting the FSSAI's recent prohibition on products boasting '100% pure' claims, joining numerous other companies that hav...
- AlcoBev makers challenge FSSAI directive over flavoring, labelling norms in High CourtsIn a significant move, United Spirits and Associated Alcohol & Breweries are contesting a directive from the food regulator regarding flavo...
- FSSAI bans old monk: Why did regulator stop sale of three variants of the popular Rum?The Food Safety and Standards Authority of India (FSSAI) has banned sale of old monk and other alcoholic beverage makers. Manufacturers all...
- India bans sale of some Diageo, Inbrew whiskies and rum over flavouringIndia's food safety regulator has banned popular whiskies and rums from Diageo and Inbrew. These beverages were found to use artificial fla...
- 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...
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