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ALCOBEV MARKET
India-UK FTA draws mixed response from liquor industry over Scotch duty cutsThe India-UK Free Trade Agreement is set to begin on July 15. Alcoholic beverage makers welcome the pact, expecting increased trade and a b...- A new-age thirst for beverages is emerging as a key force in India's consumer goods marketBeverage industry in India: Indian companies are seeing strong growth in drinks like coffee, ready-to-drink options, and protein beverages....
- QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impactRising fuel and LPG prices are impacting India's consumption landscape unevenly. While some sectors like QSR face margin compression due to...
- 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...
- Monika Alcobev FY26 revenue up 39% to Rs 310.36cr, Q4 PAT up 22% to Rs 22.3 crMonika Alcobev has announced a substantial profit increase of 22 percent for the March quarter of FY25-26. The company's revenue also saw a...
- 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...
- New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM SiddaramaiahLocal alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...
- 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...
- 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...
- 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.
- 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...
- FTAs making India more competitive against markets like USA, China, BrazilIndia's Free Trade Agreements (FTAs) are enhancing its competitiveness against major markets like the USA and China, with exports reaching ...
- Indian Spirits cos stirred up to fight a premium battle as British scotch whiskies expected to flood India at reduced pricesA new India-UK FTA deal is set to halve import tariffs on whisky and gin, potentially flooding the Indian market with cheaper premium scotc...
- 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...
- Diageo India ropes in Praveen Someshwar as its new CEO, to replace Hina Nagarajan in AprilUnited Spirits Limited announced the appointment of Praveen Someshwar as CEO-Designate. He will replace Hina Nagarajan as Managing Director...
- 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 1000 crore in capacity expansion; new distillery in Scotland also lined upPiccadily Agro is investing Rs 1,000 crore to expand its distillery and malt facilities in Haryana and Chhattisgarh, and establish its firs...
- Why Coca-Cola is looking for fizz in a different bottleIntroducing an alcohol brand in India, Coca-Cola is strategically investing in the liquor market, propelled by an expanding middle-class, p...
- 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.
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