Bengaluru has a new excise duty on alcohol-in-beverage. Prices are now set by producers. The government cut liquor price slabs to make drin...

In 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's free trade agreement with New Zealand is set to boost Indian liquor exports. Duty concessions will make Indian single malt whisky a...

Market expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma's acquisition is seen as strategically ...

French spirits giant Pernod Ricard has stated no decision is made on listing its Indian subsidiary. The company is exploring options to enh...

John Distilleries founder Paul John is open to selling his remaining stake to US spirits group Sazerac. Sazerac already holds a significant...

India's alcoholic beverage industry is grappling with profit pressures this financial year. The skyrocketing costs of glass bottles, attrib...

Alcoholic beverage manufacturers in Bengaluru are seeking a review of proposed excise duty rules, fearing a European model's negative impac...

Global liquor companies are increasingly partnering with Indian firms to navigate the complex market and tap into its steady growth. Facing...

Asgard Alcobev has acquired a majority stake in CMJ Breweries. This move makes CMJ Breweries a subsidiary of Asgard Alcobev. CMJ Breweries ...

Alcobev industry associations have urged the Telangana government to clear Rs 3,151 crore in dues owed to suppliers, warning of supply disr...

Indian alcoholic beverage manufacturers are poised for continued growth, projecting an 8-10% revenue increase to Rs 5.3 lakh crore by fisca...

Smiths Group Plc will relocate its wet-seat assembly operations from Thailand to Bengaluru, further establishing the city as a strategic hu...

The sector is a critical economic driver, with an estimated domestic volume of 390 million cases of branded spirits and an excise revenue c...

India's alcohol beverage market has evolved beyond sheer volume, now ranking 5th globally in revenue contribution at 3.1%. Alongside China,...

ICRA predicts that domestic alcohol beverage companies in India will experience steady revenue growth of 8-10% in FY2024. The industry saw ...

"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...