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ALCOBEV INDUSTRY ASSOCIATIONS
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...- 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...
- 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...
- High spirits, higher hopes: European wines and whiskies set to get cheaper in IndiaEuropean wines and whiskies are set to become more affordable for Indian consumers. An India-European Union free trade agreement will reduc...
- 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...
- Women are changing the 'spirit' of the industry; percentage in alcobev, tobacco close gap with FMCGIndian alcohol and tobacco giants like ITC, United Breweries, and United Spirits are actively increasing the hiring of women professionals....
- 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...
- 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...
- Scotch, whiskey & more: Why the world is raising a toast to Indian tipplersTop spirit makers, including United Breweries, AB InBev, and Carlsberg, are investing over Rs 3,500 crore in Indian breweries by 2025, driv...
- 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,...
- The Indian beverage industry has transformed to ''Made in India" for the worldThe sector also offers direct and indirect employment to a staggering 79 lakh individuals in India, according to a report, ''Economic Value...
- India’s alcobev sector to touch $64 billion by 2030According to International Spirits and Wines Association of India (ISWAI), the alcobev sector accounts for 2% of India’s nominal GDP and ge...
- Haryana allows large offices to serve alcohol, cuts excise duty on mild beer and wine, lowers bar licence feeLarge offices in Haryana with at least 5,000 employees and minimum covered area of 100,000 sq ft in a single premises, will be allowed to s...
- 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...
- Alcobev industry body ISWAI writes to state govts on excise policy & allowing home deliveryCiting “extra ordinary inflationary pressures,” ISWAI has flagged that record increase in costs of input materials including extra neutral ...
- Delhi Govt’s proposals for liquor discriminatory: Delhi Alcobev Association“These suggestions, if implemented, would neither augment state excise duty revenue nor ensure equitable access to liquor supply. The sugge...
- Officer's Choice Blue to sell over a million cases in eastern marketsABD said its semi-premium whisky brand, Officer's Choice Blue, is poised to cross well over a million cases in the eastern markets within a...
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