Alcohol News

Companies

Sula resets after wine boom slows, shifts focus to homegrown brands

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 2025
Companies

Scotch and gin may not get significantly cheaper for consumers in India despite tariff cuts: Industry

Despite 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 2025
Companies

Tequila sees a sunrise as Indians move on from gin. The whisky love affair continues

Agave 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 2025
Companies

Radico Khaitan eyes 30% growth for luxury spirits, plans two new products in FY26

Radico 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 2025
Industry

Delhi’s beer shelves are full—but where are the big brands?

After 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 2025
Companies

Terai gin maker Globus Spirits eyes new categories in craft space

Globus 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 2025
Economy

EU mulls 25% tariff on some US goods, drops planned 50% retaliatory tariff on American whiskey

EU 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 2025
Industry

Wine lovers will pay more to sip. Tariffs won’t give any room to breath.

Foreign 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 2025
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Companies

The Godfather maker makes a premium run with craft gin and single malts

DeVANS, 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 2025
Companies

Amrut Distilleries introduces single-jaggery rum, expanding portfolio as India’s taste for premium spirits grows

Amrut 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 2025

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Budget

The 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

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