Alcohol Companies News
Grover Zampa sharpens focus on premium wines after ₹90 cr capital boost
Grover Zampa Vineyards is transitioning to premium wines, launching several high-end varieties to capture growing consumer demand
4 min read2 Oct 2024Aristocrat maker plans to raise ₹300 crore for new single malt whisky, brandy and more
Jagatjit Industries plans to launch the new products in early 2025.
3 min read25 Sep 2024Liquor industry bets on festive binging to break free of 5-year margin squeeze
The alcobev sector has been unable to secure hikes due to state governments’ reluctance even as input costs rose, says head of industry lobby CIABC.
5 min read12 Sep 2024Pernod Ricard puts up Imperial Blue whisky for sale
The French drinks company is on a drive to premiumize its portfolio globally. Like rival Diageo which sold off its low-margin brands in India in 2022, Pernod wants to focus on its premium brands such as Glenlivet, Jameson and Chivas Regal.
3 min read4 Sep 2024Why India is the toast of the global alcohol market: Its young voters
India is emerging as a global powerhouse in the alcohol industry, driven by a surge in legal-drinking-age consumers and relaxed regulations in several key states.
4 min read17 Aug 2024From Dubai to Tokyo: Indian spirits take flight, ticking global palates with single malts and more
Indian spirits are taking off, with single malts at the helm. Fuelled by a thirsty global market, exports have skyrocketed 30% since the pandemic, generating a staggering $400 million in revenue.
4 min read16 Aug 2024Glenmorangie supports India-UK free trade agreement that improves access to Indian consumer: CEO
Whisky was a hotly debated subject when India and the UK began negotiating on an FTA in January 2022, as many Indian associations were against such an agreement.
3 min read6 Aug 2024Zero-alcohol companies look to capture millennial and ’sober curious’ drinkers
In India, numerous companies are now exploring the creation of non-alcoholic and low-alcohol spiritsThe trend is primarily driven by consumers aiming to reduce their alcohol intake, with some interest from non-drinkers
6 min read17 Jul 2024Kindred spirits: How to get into booze collecting
Luxury bottles of Scotch and tequila are driving a boom in the spirits market, and you don’t need to be rich to get involved
6 min read6 Jul 2024Pernod Ricard India to invest up to ₹1,800 crore to set up malt spirit distillery in Nagpur
Once complete, the distillery will be one of the largest in India, capable of producing up to 60,000 litres of malt spirit a day.
2 min read23 Feb 2024Popular 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