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ALCOBEV INDUSTRY
Dividends and bonus issues: 31 stocks turning ex-record date this week. Do you own any?As many as 31 companies, including HDFC Bank, Tata group firms and Brigade Enterprises, will turn ex-record date for dividends and bonus is...- 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....
- Diageo India bets big on premium demandDemand for premium alcohol in India remains robust despite global challenges, says Diageo India's managing director Praveen Someshwar. Howe...
- 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...
- 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...
- 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...
- Sun Pharma deal structurally strong, debt the only overhang: Amit KhuranaMarket expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma's acquisition is seen as strategically ...
- No decision yet on India unit listing; exploring strategic options to boost value: Pernod RicardFrench spirits giant Pernod Ricard has stated no decision is made on listing its Indian subsidiary. The company is exploring options to enh...
- John Distilleries open to further stake sale to Sazerac, founder saysJohn Distilleries founder Paul John is open to selling his remaining stake to US spirits group Sazerac. Sazerac already holds a significant...
- Alcobev margins to drop 150–200 bps as glass bottle shortage drives up costs: CrisilIndia's alcoholic beverage industry is grappling with profit pressures this financial year. The skyrocketing costs of glass bottles, attrib...
- Karnataka liquor taxation: Distillers to meet CM, seek review of new alcobev tax structureAlcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...
- 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...
- Asgard Alcobev completes acquisition of CMJ BreweriesAsgard Alcobev has acquired a majority stake in CMJ Breweries. This move makes CMJ Breweries a subsidiary of Asgard Alcobev. CMJ Breweries ...
- Alcobev industry associations ask Telangana govt to clear Rs 3,151 crore duesAlcobev industry associations have urged the Telangana government to clear Rs 3,151 crore in dues owed to suppliers, warning of supply disr...
- Alcobev manufacturers in India to see 8-10% revenue growth in FY26: CRISILIndian alcoholic beverage manufacturers are poised for continued growth, projecting an 8-10% revenue increase to Rs 5.3 lakh crore by fisca...
- UK's Smiths Group to relocate wet-seal assembly ops from Thailand to BengaluruSmiths Group Plc will relocate its wet-seat assembly operations from Thailand to Bengaluru, further establishing the city as a strategic hu...
- Make-in-India spirits poised for global growth; focus on global expansion, premiumization, innovation and collaborationThe sector is a critical economic driver, with an estimated domestic volume of 390 million cases of branded spirits and an excise revenue c...
- Raise the Spirits: Whisky and rum dominate India's rising thirst for premium alcoholIndia's alcohol beverage market has evolved beyond sheer volume, now ranking 5th globally in revenue contribution at 3.1%. Alongside China,...
- Indian alcohol beverages industry to witness margin contraction in FY24 despite steady demand: ICRAICRA predicts that domestic alcohol beverage companies in India will experience steady revenue growth of 8-10% in FY2024. The industry saw ...
- High taxation rates crippling liquor trade: ISWAI"The Indian alcobev industry is in deep crisis due to inflation on one hand and high taxation rates. In this context, it is needed to decre...
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