Pernod Ricard India eyes double-digit growth, retains top slot with Rs 27,446 cr revenue in FY25Pernod Ricard India targets double-digit growth in the coming years. The company plans to achieve this through premiumization and innovatio...
Actor Rana Daggubati’s tequila brand Loca Loka to debut in India this NovemberThe premium spirits brand plans to tap duty-free stores first at the airports, leveraging this route as a high-margin discovery channel.
Expects 6-7% volume growth, GST reforms to spur alcoholic beverage consumption: UBL CEO & MDUnited Breweries Ltd anticipates a 6-7% volume growth this fiscal year, despite rain-related setbacks in key states. Premiumization is expe...
Wine industry expects a boost in FY26 after last year's consumption slowdownThe wine industry anticipates growth in FY26 due to a stable economic environment. Sula Vineyards experienced a temporary slowdown in urban...
CIABC seeks uniform taxation, global push for Mahua, FeniConfederation of Indian Alcoholic Beverage Industry requests uniform taxation. It also seeks promotion of Indian heritage spirits like Mahu...
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...
Beer prices in Telangana based on FY19 cost; Rs 3,900 crore dues remain unpaid to alcoBev sector: BAIUnited Breweries and the Brewers Association of India (BAI) have raised concerns over the commercial viability of beer prices set by the Te...
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...
Piccadily Agro to invest Rs 1,000 cr to expand capacity, open distillery in ScotlandPiccadily Agro, the company behind Indri Single Malt Whisky and Camikara Rum, revealed a significant investment plan of Rs 1,000 crore. Thi...
Discretionary spending may weaken in Q4; apparel, lifestyle cos and eateries expect sales to grow only 15%-20%The slowdown is not restricted to apparel. Even the liquor segment that surpassed pre-Covid sales last year, could see slower growth. Analy...
Liquor sales bubble over to 15% as demand increases for key segments"Based on the last ten calendar months, the industry is expected to grow in double digits, largely driven by a secular trend in premiumisat...
ISWAI urges Karnataka government to consider tax rationalisation on premium AlcoBev productsKarnataka is one of the largest AlcoBev-consuming states in India, however, the overall excise revenue generation is not in line with the c...
ISWAI welcomes excise reforms announced in Assam BudgetNita Kapoor, Chief Executive Officer, ISWAI, said, “We welcome and thank the Assam government for their progressive and positive steps that...
Delhi govt's new excise policy will boost revenue, trade of alcoholic beverages: ISWAIIn a letter, the body has also sought an appointment with Lieutenant Governor Anil Baijal to put their case concerning the new policy.
Cheers to that: India’s booming alco-bev industry seeing women breach the male bastionWomen’s presence in the industry is also bringing about diversity in marketing.
Beer Cafe forays into retail merchandise with BeerosphereAlco-bev beer bar chain Beer Cafe has extended its brand to merchandise across close to 30 categories under the brand name Beerosphere.
In a first, Sequoia Capital invests in craft beer brand Bira 91The $6 million in series A funding will be used in marketing of the brand as well as starting a production facility in Madhya Pradesh by Ma...