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AFFLUENT CONSUMERS LIQUOR
'Young people prefer better alcohol to high-volume drinking', says Diageo India MD Praveen SomeshwarYoung Indians are embracing premium spirits and cocktails, not abstaining from alcohol, according to Diageo India MD Praveen Someshwar. Con...- Jack Daniel's maker to launch more brands in India to tap premium spirits boom, executive saysBrown-Forman is set to introduce premium spirits like El Jimador and Herradura tequila, along with Benriach whisky, to India within two to ...
- India-UK FTA, premium liquor brands to drive margin growth: Allied BlendersAllied Blenders and Distillers targets 18% margins by fiscal year 2028. The company is focusing on premium spirits and expects cost savings...
- Radico Khaitan Q3 Results: Profit surges 62% YoY on demand for premium liquorIndia's Radico Khaitan reported a jump in quarterly profit on Thursday, aided by sustained demand for its pricier liquor, sending its shar...
- Affluent consumers keep liquor companies' spirits highIndian spirit consumption saw a year-on-year rise in the September quarter. However, sequential growth slowed due to increased taxes and lo...
- India’s spirits high, exports higher: Whisky gets a global glow-upIndian whisky is making waves globally. It is excelling in both quality and sales. Single malts are attracting connoisseurs. Mass-market op...
- Indians lead global list for temporary alcohol abstinence: Report71% of Indians have temporarily paused alcohol consumption, topping the list among 15 countries. Health and wellness motivate this trend, e...
- Millets in a bottle: Whisky companies go vocal for localHistorically, Scottish and Irish distillers have used barley as their primary grain, while Canadians and Americans use corn, rye, and wheat...
- Covid scare is gone, but at-home consumption of alcohol sticksAccording to latest data from global alcohol market analysts IWSR, 79.2% of alcobev volume sales in India last calendar year were ‘off-prem...
- United Spirits Q3 Results: Profit climbs on premium liquor demandIndia's United Spirits, which makes Smirnoff vodka, reported a rise in third-quarter profit on Tuesday, buoyed by strong demand for its pre...
- Air India has 'enormous' potential; strong action taken against incidents of intoxication onboard flights: CEO Campbell WilsonWilson pointed out that the issue of intoxication is something that has been noted internationally and has been on the rise since Covid. It...
- Alcohol market will be led by India, China: Pernod chief Alexandre RicardIn India, the maker of Absolut vodka and Chivas Regal scotch, sold spirits worth ₹4.1 billion in 2021, expanding sales by 25% from the year...
- United Spirits forays into craft spirits with new whiskeyThe new brand — United's Epitome Reserve — is part of USL’s wider strategy to build a premium craft spirits portfolio in India, the company...
- As the great reopening gets underway starting Monday, how will the consumption story pan out?The lockdown has seen people exhausting their stock of liquor, cigarettes and other sin goods.
- Sula Vineyards has launched wines in China; next launch will be in Oman"Sula Vineyards has over 65% market share in India and exports to 30 countries across Asia, Europe, USA and Canada," the company release sa...
- Culture change and youth brew a happy tale for India's beer marketThe per capita beer consumption in India last year was 4.6 liters (9.7 pints), as compared to the Asia average of 57 liters.
- Bihar alcohol ban may be limited to country-made liquorInquiries made to the revenue department officials suggest that considering revenue deficit, the ban will have to be limited to country-mad...
- Jagatjit buys scotch brands of SinclairsGeorge Sinclair & Sons is part of a pedigree Scottish family, which controls small niche scotch whiskey brands like King Henry VIII, Clan S...
- Bangalore raises a toast to its 'spiritual converts'Marketing teams of world-famous brands will swear that Bangalore has the most receptive crowd of ‘spiritual’ converts. When Moet-Hennessy d...
- DTH cos create more advertising spaceWith the Direct-to-home (DTH) subscriber base touching 25-million household mark, DTH service providers such as Dish TV are wooing advertis...
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