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PREMIUMISATION IN ALCOBEV SECTOR
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...- 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...
- Cheers to IPL exit! Brokerages say Rs 16,660-crore RCB stake sale will unlock value for United SpiritsUnited Spirits’ Rs 16,660 crore sale of its RCB stake has been termed value accretive by brokerages, which expect improved capital allocati...
- High spirits, higher hopes: European wines and whiskies set to get cheaper in IndiaEuropean wines and whiskies are set to become more affordable for Indian consumers. An India-European Union free trade agreement will reduc...
- European wines to get less expensive under India-EU FTAEuropean wines will soon be more affordable in India following a bilateral free trade agreement, with import duties slashed from 150% to 20...
- 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...
- Raise a toast: Liquor outlets get into the Diwali spirit lock, stock & barrelLiquor stores are significantly increasing whiskey, rum, gin, and vodka inventories, anticipating record Diwali sales driven by positive co...
- 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...
- GST 2.0 and infra push could power India’s next growth phase: Nilesh ShahNilesh Shah from Envision Capital expresses optimism about the Indian market due to easing geopolitical tensions and moderate inflation. He...
- 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...
- Scotch, whiskey & more: Why the world is raising a toast to Indian tipplersTop spirit makers, including United Breweries, AB InBev, and Carlsberg, are investing over Rs 3,500 crore in Indian breweries by 2025, driv...
- Consistent policies will help improve ease of doing business: Bacardi India MD Vinay GolikeriVinay Golikeri, MD of Bacardi India, said ease of business would improve with consistent regulatory policies across states. Bacardi India i...
- 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...
- 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...
- 5 sectors Rakhi Prasad is bullish on for near termThe segments that we are seeing more growth in at this point in time are in the discretionary products and services segment and in some par...
- Aristocrat whisky maker plans to trim debt by half in FY24The spirits maker will focus on premiumising its portfolio in the Indian Made Foreign Liquor (IMFL) market to shore up margins. The company...
- UB talking to states to allay fears over home delivery of beer: MDWith the onset of pandemic, many states invoked the Disaster Management Act to include the home delivery provision of alcoholic beverages i...
- Alcobev companies hope GST, demonetisation and a regulatory flux have caused no lasting damageConsumers too have felt the pinch and have watered down their preferences, from premium whiskies to entry-level ones, from upmarket beer to...
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