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PREMIUMISATION ALCOBEV
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....
- Diageo India bets big on premium demandDemand for premium alcohol in India remains robust despite global challenges, says Diageo India's managing director Praveen Someshwar. Howe...
- 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...
- How global liquor brands are choosing desi partners to tap India’s premium boomGlobal liquor companies are increasingly partnering with Indian firms to navigate the complex market and tap into its steady growth. Facing...
- Pernod’s Xclamat!on to raise competition in premium alcobev; Radico still top pick: Karan TauraniPernod Ricard’s new Xclamat!on spirits launch is set to intensify competition in India’s premium alcohol market, says Karan Taurani, Execut...
- Bank Nifty to drive market rally; defence, alcobev stocks in focus: Pankaj PandeyIndian equities are poised for gains this week, driven by banking and IT sectors, according to Pankaj Pandey. He anticipates Bank Nifty lea...
- Alcobev manufacturers in India to see 8-10% revenue growth in FY26: CRISILIndian alcoholic beverage manufacturers are poised for continued growth, projecting an 8-10% revenue increase to Rs 5.3 lakh crore by fisca...
- 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...
- CIABC, APEDA to organise AlcoBev India 2025 on April 23The Confederation of Indian Alcoholic Beverage Companies (CIABC) and APEDA will jointly host AlcoBev India 2025 on April 23. The event will...
- Small & midcaps still hold value; investors should stay constructive: Nilesh ShahNilesh Shah, MD & CEO of Envision Capital, predicts India's market to remain a long-term winner despite short-term corrections. He emphasiz...
- Premiumisation in Indian spirit happening very fast with income growth: Pernod Ricard India MDPernod Ricard India MD Jean Touboul highlights the rapid premiumisation of the liquor industry due to rising disposable incomes and the you...
- Radico Khaitan eyes Rs 500 crore sales from luxe labels like 'Rampur' and Jaisalmer GinRadico Khaitan expects sales of ₹500 crore from its luxury brands in the next fiscal, driven by the ongoing premiumisation in the alcoholic...
- Indian alcoholic beverages to have up to 10% revenue growth in FY25: ICRAIndia's alcoholic beverages companies are expected to see 8-10% revenue growth this financial year. This will be supported by increased spi...
- Rising interest from high net worth individuals keep alcobev market in high spiritsIndia's alcoholic beverages market is gaining traction with mid-sized funding deals due to rising demand for craft beers, artisanal gins, a...
- Indians like to have a swig of premium beerPremium beers significantly outpaced the overall beer market in FY24, with a 25-30% volume growth compared to the 8-10% growth of the beer ...
- The Indian beverage industry has transformed to ''Made in India" for the worldThe sector also offers direct and indirect employment to a staggering 79 lakh individuals in India, according to a report, ''Economic Value...
- Bacardi high on premiumisation of portfolio in IndiaAccording to industry body Confederation of Indian Alcoholic Beverage Companies, alcobev drinks priced over ₹1,000 have grown four times fa...
- 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...
- View: With an eruption in the spirits' portfolio, the consumer is far more experimental and progressively cognisantWith such vivid experiences, the Indian consumer of alcobev has pegged his benchmarks higher when it comes to product choices and tastes or...
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