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PREMIUMIZATION IN 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...- Cupid Breweries to acquire United Spirits' alcobev unit in Odisha for Rs 22.5 croreCupid Breweries and Distilleries will acquire an operational alcoholic beverage manufacturing unit in Odisha from United Spirits Limited. T...
- 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...
- 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...
- Monika Alcobev FY26 revenue up 39% to Rs 310.36cr, Q4 PAT up 22% to Rs 22.3 crMonika Alcobev has announced a substantial profit increase of 22 percent for the March quarter of FY25-26. The company's revenue also saw a...
- 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...
- 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...
- 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...
- John Distilleries open to further stake sale to Sazerac, founder saysJohn Distilleries founder Paul John is open to selling his remaining stake to US spirits group Sazerac. Sazerac already holds a significant...
- Monika Alcobev IPO lists today. Check GMP ahead of debutMonika Alcobev is ready for its stock market launch on July 23. The IPO aims to raise ₹165 crore. Funds will support working capital and de...
- Monika Alcobev IPO subscribed 2.15 times on Day 3 so far. Check GMP, other detailsMonika Alcobev IPO: In the unlisted market, Monika Alcobev was trading at a grey market premium (GMP) of Rs 0. A GMP of zero indicates mini...
- Monika Alcobev IPO subscribed 1.32x on Day 2 so far; Check GMP, and other detailsMonika Alcobev plans to raise Rs 165.63 crore through its IPO, comprising a fresh issue of 47.91 lakh shares valued at Rs 137.03 crore and ...
- Monika Alcobev’s Rs 166 cr IPO opens today. No GMP buzz ahead of launchMonika Alcobev, a luxury alcohol importer, will launch its IPO on Wednesday. The company aims to raise Rs 165.63 crore. The IPO includes a ...
- 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...
- High taxation rates crippling liquor trade: ISWAI"The Indian alcobev industry is in deep crisis due to inflation on one hand and high taxation rates. In this context, it is needed to decre...
- ISWAI urges Karnataka government to consider tax rationalisation on premium AlcoBev productsKarnataka is one of the largest AlcoBev-consuming states in India, however, the overall excise revenue generation is not in line with the c...
- 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...
- Alcobev cos note improving recovery and growth in premium spirits category post pandemic: Emkay Global reportCompanies highlighted the impact on the regular segment as consumers downtraded to cheap or country liquor in some states amid the pandemic...
- Officer's Choice Blue to sell over a million cases in eastern marketsABD said its semi-premium whisky brand, Officer's Choice Blue, is poised to cross well over a million cases in the eastern markets within a...
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