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LOCAL DISTILLERS KARNATAKA
India’s brandy boom still feels uncool. Liquor cos want to give it a makeoverBrandy, a spirit deeply entrenched in South India's culture and cinema, is now undergoing a national makeover. Despite being India's second...- Karnataka links liquor tax to alcohol contentBengaluru's government has launched a new excise policy. Beverages will now be taxed based on their alcohol volume. This move makes beer ch...
- 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...
- 'Nao' is the time: Why Diageo India is backing this Indian craft gin producerAnand Virmani, Co-Founder & Master Distiller, Goa-based Nao Spirits & Beverages, explains how they marketed India’s first craft gin, Greate...
- BJP’s Jeevaraj sworn in as MLA, CM Siddaramaiah cries foulIn a surprising turn of events, BJP MLA DN Jeevaraj has officially taken his oath as a legislator following a judicially-ordered recount of...
- 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...
- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- Karnataka's liquor deregulation: Why United Spirits, United Breweries & Allied Blenders are Dalal Street's new favouritesKarnataka is poised for a significant policy shift in its liquor sector, moving towards deregulation. This move is expected to benefit majo...
- Epsilon Carbon signs $20 mn pact with Alba; eyes IPO by 2027-endEpsilon Carbon will supply coal tar pitch to Aluminium Bahrain. This collaboration aims to establish a local supply chain in Bahrain. Epsil...
- Local spirits companies offer country liquor in paperboard cartons in bid to boost marginsTill now, only low-priced Indian Made Foreign Liquor (IMFL) was available in paperboard cartons akin to ‘tetrapaks’, which has helped compa...
- Conjuring desi spirits to cure colonial hangoverBoutique liquor companies, government agency attempt to tap a growing market for local flavours.
- Brew it the traditional way: India's heritage liquors are a hit with youngstersConcept of heritage liquors like tadi, feni and handiya is in Bengaluru's spotlight.
- Karnataka CMO wants repeal of liquor manufacture ban lawThe note from the CMO followed appeals from distillers and brewers in Karnataka, according to which, the ban would disrupt their supply com...
- Karnataka sanctions special incentive package for Mangalore Refinery & Petrochemicals LtdKarnataka has exempted Mangalore Refinery & Petrochemicals Ltd from paying certain local levies for its refinery expansion and upgradation ...
- United spirits net profit falls 63%, gets shareholder nod for $225 million FCCB issueUnited Spirits posted 63.78% fall in net profit, dragged down by a cost increase in raw materials and higher duties in certain states.
- Valle de Vin set to merge with Grovers VineyardsIn a bid to overcome the tax issues between Maharashtra and Karnataka, Grover had set up a bottling plant in Sangli.
- Bacardi crosses Tamil Nadu bottleneckBacardi, the world’s largest privately-held spirits company, is launching its flagship Bacardi Superior rum and Eristoff vodka in Tamil Nad...
- Karnataka pips Andhra Pradesh as largest India made liquor marketKarnataka has toppled AP as the largest Indian made liquor market with volumes swelling in the wake of arrack ban effective August last yea...
- Govt ferments new wine policyThe steps being considered include putting in place a uniform tax and duty regime for wines across all states, allowing its sale in departm...
- Angostura in 50:50 JV talks with John DistillersCaribbean spirits giant Angostura, makers of eponymous rums and bitters, has initiated talks for a joint venture with Bangalore-based Rs 60...
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