Sula Vineyards is responding to a decline in general urban wine consumption by expanding its portfolio and hosting urban wine festivals. The company dominates the premium wine market, accounting for over 60% share, while adjusting strategies to combat increased competition.
5 min read8 May 2025Despite the trade pact reducing Scotch tariffs, experts predict consumers may only see limited immediate benefits. Many brands may not lower prices due to local pricing practices, leaving consumers with few changes in their purchasing experience.
4 min read7 May 2025Agave spirits, tequila and mezcal grew 36% by volume in 2024, while gin's growth slowed to 1%. Whisky remains dominant, accounting for two-thirds of spirits sold, but its growth is expected to slow down in the coming years.
5 min read7 May 2025Radico Khaitan's sales volumes surged in FY25, driven by premium and mass-market offerings. The company aims to increase revenue from luxury spirits to ₹500 crore in FY26.
2 min read6 May 2025After a 2022 policy rollback, Delhi’s liquor stores are being flooded with little-known local and imported beer labels, pushing out household names like Kingfisher and Budweiser. The shift is leaving both consumers and brewers bewildered.
5 min read26 Apr 2025Globus Spirits' craft business is now its fastest-growing vertical. It is targeting about 20,000-25,000 cases of single malt Doaab this fiscal year
4 min read24 Apr 2025EU member states had pushed for whiskey to be excluded to spare European wine and champagne producers from 200 per cent tariffs by Trump as retaliation.
2 min read8 Apr 2025Foreign producers are likely to suffer from lower U.S. sales in what is the biggest global market for wine consumption. But U.S. distributors, retailers, and restaurants will take a hit, too.
4 min read5 Apr 2025DeVANS, known for its Godfather beer, is set to enter the premium craft gin market as well as introduce new single malt variants.
4 min read1 Apr 2025Amrut Distilleries anticipates ₹550 crore in revenue this year and plans to increase production capacity to accommodate rising demand for high-end spirits
3 min read26 Mar 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared