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PREMIUM LIQUOR COMPETITION
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...- 5 mid-cap stocks from different sectors with an upside potential of 13 to 24% in one year, according to analystsWhen mid-caps were rising, every concern on valuation was treated as unnecessary caution. Investors who advised patience were told they wer...
- 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...
- 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...
- Raise the bar: Delhi govt's new excise plan pours in premium choicesDelhi's government is finalizing a new liquor policy. Premium liquor brands will soon be available at government vends. Exclusive beer bars...
- United Spirits warns of tough H2 despite strong Q2 led by premium brandsUnited Spirits’ MD Praveen Someshwar said strong Q2 sales were driven by urban demand and premium brands, but warned of a challenging secon...
- How will India-UK FTA affect Indian alcobev stocks?Under the new FTA, India has agreed to cut import duties on Scotch, whisky and gin from 150% to 75% with immediate effect, with a further r...
- Indian Spirits cos stirred up to fight a premium battle as British scotch whiskies expected to flood India at reduced pricesA new India-UK FTA deal is set to halve import tariffs on whisky and gin, potentially flooding the Indian market with cheaper premium scotc...
- Premium spirits sales on a high as big stores bloom"Transformation in the alcobev retail environment, with larger browsable retail formats with a range of imported and domestic brands and ca...
- The question is not whether India will be the biggest market (for scotch) but when: Chivas BrothersDespite India being the largest whiskey drinking nation globally, the share of scotch within the country is just 2% due to the 150% import ...
- "Unfair playing field" against domestic liquor; makers ask Maha govt to reconsider duty reduction on imported productsIn November, the Maharashtra government had announced to reduce the excise duty on imported liquors by half, which is from 300 % to 150 % o...
- Liquor apex body CIABC objects reducing basic customs duty on imported spirits before trade talks with UK“India exports just Rs 5 crore worth of alcoholic beverages annually to UK against an import of Rs 1300 crores. Exports to UK constitute on...
- Liquor ban on highways to affect 30 per cent premium hotels: CrisilHotels in Pune, Kolkata and Agra will be impacted the most, while those in the financial capital and Goa will be less affected.
- I-Brands eyes low-cost whisky marketAfter tasting success in the premium segment, liquor startup International Brands Beverages plans to enter the lowcost whisky market in Oct...
- Japan's Suntory, Tilaknagar in race to buy Imperial SpiritsPE fund Lighthouse puts company on the block; deal values Imperial Spirits at 600 crore.
- Diageo to sell Whyte & Mackay biz amid UK regulatory concernsDiageo has offered to sell most of Whyte & Mackay's biz to ease competition concerns arising from its acquisition of a controlling interest...
- Sale of premium whisky grew 19.5% in 2010The young demographic and expanding disposable income of the Indian consumer is driving the growth of spirits today.
- Liquor industry undergoing ‘premium-isation’Customers are raising a toast to premium brands as the cheap and cheerful ones stay firmly on the shelf.
- United Spirits targets 20% market share in Vodka segmentWith a view to capture around 20 per cent market share in the premium Vodka segment in India Made Foreign Liquor category, leading liquor m...
- UB paying 25% more for Whyte & MackayUB group’s proposed acquisition of Whyte & Mackay at a potential enterprise value of $1.38 billion will come at a 25% premium to global pee...
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