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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....
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...
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...
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...
Sector rotation underway: 3 themes to watch for your portfolio, says Devang MehtaIndia's stock markets are experiencing a sector rotation, with consumption stocks like tobacco and alcobev surging after years of quiet. In...
Monika Alcobev IPO lists today. Check GMP ahead of debutMonika Alcobev is ready for its stock market launch on July 23. The IPO aims to raise ₹165 crore. Funds will support working capital and de...
Monika Alcobev IPO subscribed 2.15 times on Day 3 so far. Check GMP, other detailsMonika Alcobev IPO: In the unlisted market, Monika Alcobev was trading at a grey market premium (GMP) of Rs 0. A GMP of zero indicates mini...
Monika Alcobev IPO subscribed 1.32x on Day 2 so far; Check GMP, and other detailsMonika Alcobev plans to raise Rs 165.63 crore through its IPO, comprising a fresh issue of 47.91 lakh shares valued at Rs 137.03 crore and ...
Monika Alcobev’s Rs 166 cr IPO opens today. No GMP buzz ahead of launchMonika Alcobev, a luxury alcohol importer, will launch its IPO on Wednesday. The company aims to raise Rs 165.63 crore. The IPO includes a ...
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,...
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...
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...
Delhi govt’s move to lower drinking age to propel Delhi in big league alcobev market: Industry executives“Lowering the age to 21 is progressive and pragmatic. In any case, underage consumers were breaking the law in unsupervised spaces like hou...