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ALCOHOLIC BEVERAGES MARKET INDIA
Pernod Ricard India sales grow 19% in Sept qtr; IPO plan awaits board approvalPernod Ricard has demonstrated remarkable sales growth of 19 percent in India for the September quarter, driven by strong market demand and...- India keeps Pernod Ricard in high spirits even as its top markets cut down on the cheersPernod Ricard has reported a 19% rise in sales in India, providing some relief against drops in bigger markets like the US and China. Overa...
- Food companies, quick-commerce platforms face stricter FSSAI checks, higher compliance costs: JefferiesFood companies, restaurants and quick-commerce platforms may face higher compliance costs and operational delays as the Food Safety and Sta...
- Reliance starts new rivalry with ITC, Amul & others with a Rs 20 drinkReliance Consumer Products has launched Joyland flavoured milk in Tamil Nadu at ₹20, entering India's growing ready-to-drink dairy beverage...
- FSSAI may amend laws to make online players more accountableThe regulator has also started inspections of dark stores of quick commerce firms and cloud kitchens, he said. While platforms often mentio...
- Is black coffee good for your liver? Harvard-trained gut doctor shares 5 science-backed benefits of drinking itHarvard-trained gut doctor Dr. Saurabh Sethi shared on 5 key health perks tied to regular black coffee consumption. Research suggests that ...
- From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now ree...
- FMCG revenues to rise in Q2, but costs could dent marginsIndia's FMCG sector is poised for a substantial revenue boost in the upcoming September quarter, with growth projected in double digits. Th...
- Premiumisation core growth engine for alcobev: ISWAI reportPremiumisation is driving growth in India’s alcoholic beverages market, with the premium segment expanding at a 10.2% CAGR between 2022 and...
- Diageo India enters ready-to-drink alcohol market, takes on Bacardi in nascent segment with Smirnoff IceDiageo India is entering the ready-to-drink alcohol market with its Smirnoff brand and various flavors. The company aims to attract younger...
- After flat Indian-Made Liquor sales in April-Sep period, industry body warns Karnataka of harm to revenueThe Confederation of Indian Alcoholic Beverage Companies opposes Karnataka's increased taxation on Indian-Made Liquor. Recent data shows st...
- Pernod Ricard India begins operational steps ahead of potential IPOPernod Ricard India is actively working on transforming its legal structure from a private entity to a public one. This maneuver positions ...
- IMFL segment: Premium products share expected to hit 35-36 pc in 3-4 years, says industryThe India-UK Free Trade Agreement, which became effective from July this year, is supporting premiumisation in the domestic spirits market ...
- In 2021, Dwayne Johnson co-founded ZOA Energy; by 2024, Molson Coors had spent $53 million to raise its stake to 51%Dwayne Johnson's ZOA Energy was recently acquired by Molson Coors Beverage Company, giving them majority control of the brand. This strateg...
- Product's form at sale, not end use, will determine tax rate: Supreme CourtThe Supreme Court has ruled that the tax rate applicable to a product must be determined by its physical form at the time of sale, not its ...
- John Distilleries surpasses Rs 10,000 crore revenue in FY26; Sazerac become majority shareholderIn FY26, John Distilleries Ltd demonstrated remarkable growth, achieving a revenue of Rs 10,820.10 crore and a net profit of Rs 11.6 crore,...
- Industrial alcohol is the GST Council's unfinished federal business: States won the legal fight, but the 18% GST still appliesThe GST Council is set to meet regarding the regulation of industrial alcohol, which has been contested between the government and states. ...
- Indonesia's mandatory halal rules may raise compliance burden for Indian exporters: GTRIOn October 17, Indonesia’s new halal-certification policies will take effect, significantly influencing Indian exporters across sectors. En...
- The debate is settling, the business is moving. Time to look at a larger set? 9 sugar-ethanol ecosystem stocks for the watchlistA new fuel programme is not an easy thing to implement. And it sparks intense debate. Ethanol, for instance, has taken over two decades to ...
- US bans select Canadian products: Full list of alcohol, dairy, and motorcycle imports affectedNew US import restrictions on Canadian goods came into effect on September 29. The measures target selected alcoholic beverages, whey and o...
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