AB InBev, the world’s largest beer company headquartered in Belgium, has expressed its intention to invest INR 400 crore in expanding its brewery operations in Karnataka, according to a statement from the state industries department.
During a meeting at the World Economic Forum in Davos, Ab InBev India & South Asia President Kartikeya Sharma and Budweiser APAC Chief Legal and Corporate Affairs Officer Craig Katerberg shared this information with Industries Minister MB Patil.
The company’s top executives conveyed to the minister that they consider Karnataka to be the ideal location for the expansion of their operations.
Bengaluru hosts the Indian headquarters of the brewing company, which features over 500 global and local beer brands. The company manages a state-of-the-art brewery in Mysuru and a global capability center in Whitefield, employing 5,000 professionals dedicated to digital capabilities, big data, artificial intelligence, and global supply chain excellence.
In India, the contribution of premium brands has increased to two-thirds of its total sales, compared to a third over three years ago. The brewery has also expanded its focus beyond beer, introducing energy drinks, whiskey, spiced rum, vodka, and, more recently, gin to its portfolio.
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