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INDIAN ALCOHOL BEVERAGE MARKET
India extends anti-dumping duty on US, Malaysia, South Africa butyl alcoholIndia has extended anti-dumping duties on butyl alcohol imports from the US, Malaysia, and South Africa for five more years. This move aims...
Assam produces Matcha tea for first time, fetches Rs 3,000 per kg at auctionAssam has officially entered the premium Matcha tea market, with the state's first commercially produced batch fetching an impressive Rs 30...
UP: Packaged drinking water unit shut, two served notices after inspectionAuthorities in Deoria have halted production at one packaged drinking water plant and issued warnings to two others following inspections r...
Extreme heat could change the mix for European drinks makersEurope's scorching heatwaves are challenging the notion that hot weather always boosts alcohol sales. Research indicates that extreme tempe...
Sweltering heat sets summer-goods sales on fire; consumer brands hitch qcomm ride to big businessIndia's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becoming the star performers. Ice creams...
Cracks in cola kingdom: India's duopoly faces biggest test in decadesIndia's cola market is undergoing a significant transformation, moving beyond the traditional Coca-Cola vs. PepsiCo rivalry. Reliance's Cam...
Finance Bill passed 'hurriedly' to give tax benefits to liquor cos: Kerala LoP VijayanLeader of Opposition Pinarayi Vijayan accused the UDF government of hastily passing the Finance Bill to benefit liquor companies through ta...
Coca-Cola eyes $1 billion IPO for Indian bottling unitCoca-Cola has invited investment banks to pitch for roles in the planned IPO of its Indian bottling arm, Hindustan Coca-Cola Beverages, in ...
ITC enters cola business to add more fizz to beverages portfolioIndia's carbonated soft drinks market is intensifying as ITC launches a premium sugar-free Coconut Cola, aiming to compete with global gian...
CCI clears RCB's $1.78-billion buyout by Aditya Birla Group, ToI consortiumThe Competition Commission of India has greenlit a massive $1.78 billion deal, allowing a consortium led by Aditya Birla Group and The Time...
PepsiCo commissions second India flavour plant in Ujjain with Rs 1,266-crore investmentPepsiCo India has launched a massive Rs 1,266-crore flavour manufacturing plant in Ujjain, Madhya Pradesh. This significant investment, par...
Speaker Radhakrishnan denies backing low-alcohol liquor policy during LDF regimeKerala Assembly Speaker Thiruvanchoor Radhakrishnan refuted claims of supporting low-alcohol liquor sales during his previous tenure. He st...
Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilientSummer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages,...
Differences emerge in Kerala govt over PM SHRI schemeKerala's ruling UDF faces internal friction as the Indian Union Muslim League (IUML) voices strong objections to the state's proposed PM SH...
Pure milk, fresh fruit and cocoa: 141-year-old famous ice cream shop in Pune once started as a pharmacyPune's oldest ice cream parlour, Ganu Shinde, established in 1885 on Laxmi Road, boasts nearly 150 years of serving pure milk ice cream. Wh...
These large-, mid- and small-cap stocks can give more than 25% return in 1 year, according to analystsAs the old saying goes: Nothing can be ruled out on the street. Which means that one should be prepared for anything. Now, what is the prob...
Kerala liquor policy to be decided after talks with coalition parties, says Kerala Revenue Minister A P Anil KumarKerala Revenue Minister A P Anil Kumar stated that any policy on tax cuts for low-alcohol beverages will be decided after internal UDF disc...
Waka Waka! Indian consumer giants seek to roar louder in AfricaIndian consumer firms are significantly boosting investments in Africa, shifting from market entry to large-scale operations. Driven by a y...
Japan's Asahi taps Varun Beverages to make India debut with 'CALPIS'Japan's Asahi Group is bringing its CALPIS brand to India through a partnership with Varun Beverages Limited. This marks Asahi's entry into...
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...