Alcohol Companies News
Bira beer maker raises ₹85 cr in rights issue, cuts workforce to rein in costs
As per B9 Beverages' most recent filings with the ministry of corporate affairs, its operating revenue slumped to ₹638.5 crore in FY24 from ₹824.3 crore in FY23. Losses also widened significantly, rising to ₹748.8 crore in FY24 compared to ₹445.4 crore in FY23.
5 min read27 Jun 2025United Spirits to buy out Greater Than gin maker Nao Spirits in a ₹110 cr deal
United Spirits first acquired a stake in the company in March 2022 and has since completed a gradual buyout.
2 min read19 Jun 2025India is the world's fastest-growing alcohol market when global demand cools
India's alcohol market is expected to top $50 billion by 2031, outpacing global demand, says IWSR. Whisky dominates, with Scotch demand likely to surge after UK free-trade pact
5 min read3 Jun 2025Want to recover fast from injury? Quit fizzy drinks and alcohol
Alcohol suppresses your body’s antioxidant defences and carbonated drinks cause energy crashes making recovery slow
4 min read2 Jun 2025Diageo India expects price drop for some spirits after free trade pact with UK
Earlier this month, India and the UK finalized the FTA, agreeing to reduce the 150% import duty on scotch whisky and gin to 75% initially, with a further decrease to 40% over the subsequent decade.
3 min read23 May 2025Sula 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 2025Scotch 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 2025Tequila 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 2025Radico 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 2025Delhi’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 2025Popular Topics
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