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Monday, October 14, 2024

Tag: alcohol

Pernod Ricard launches Longitude 77 single malt in Punjab, expanding its reach across India

Food & Beverage
Pernod Ricard India's first-ever Indian single malt, Longitude 77, is set to expand its presence in the Indian market with its launch in Punjab. Longitude 77 Expands͏͏ Its͏͏ Market͏͏ Reach͏͏ Across͏͏ India: With͏͏ Longitude͏͏ 77͏͏ now͏͏ available͏͏ in͏͏...

Domestic alcoholic beverages sector to see 8-10% revenue growth in FY25: ICRA Report

Food & Beverage
The domestic alcoholic beverages sector is expected to see 8-10% revenue growth in FY25, driven by strong demand for beer, a revival in spirit consumption, and an increasing consumer preference for premium products, according to a...

Andhra Pradesh unveils new liquor policy, expected to generate INR 5,500 Cr in revenue

Industry
The Andhra Pradesh government announced a new liquor policy on Tuesday, permitting private retailers to sell spirits similarly to Haryana and other states, with...

Diageo North America acquires Ritual Zero Proof to strengthen non-alcoholic spirits portfolio

International
Diageo North America has acquired non-alcoholic spirits brand Ritual Zero Proof to capitalise on the growing demand for alcohol alternatives. Rapid͏͏ Growth͏͏ of͏͏ Ritual Zero...

Coca-Cola and Bacardi to launch co-branded ready-to-drink cocktail in 2025

International
Coca-Cola and Bacardi are planning to introduce a co-branded ready-to-drink cocktail next year,͏͏ building͏͏ on͏͏ Coca-Cola's͏͏ recent͏͏ collaboration͏͏ with͏͏ Brown-Forman͏͏ for͏͏ Jack͏͏ Daniel's. Market͏͏ Focus: The͏͏...

McDowell’s launches X Series to tap into India’s evolving cocktail culture

Industry
India's hospitality and beverage industry is undergoing notable transformations in consumer preferences, influenced by evolving socializing patterns following Covid. The͏͏ emergence͏͏ of͏͏ Middle͏͏ India͏͏...

Johnnie Walker unveils world’s lightest whisky glass bottle: The Blue Label Ultra

International
Johnnie Walker, the premier Scotch whisky brand, has launched a groundbreaking limited edition offering. The Johnnie Walker Blue Label Ultra is touted as the...

Amrut unveils world’s first 100% jaggery distilled single rum ‘Bella’

Industry
Amrut Distilleries, a leading player in the spirits industry, has unveiled Bella, the world’s first 100% jaggery-distilled and matured single rum. Made͏͏ from͏͏ nutrient-rich͏͏...

Andhra Pradesh to unveil new liquor policy focusing on quality and premium outlets

Industry
Th͏e͏ ͏A͏n͏͏d͏hra͏ ͏Pr͏a͏de͏sh͏͏ ͏͏g͏͏ove͏r͏n͏͏men͏͏t ͏is͏ se͏t t͏o͏ ͏͏u͏n͏vei͏͏l ͏͏a n͏e͏w͏ liquor policy a͏͏͏i͏m͏͏e͏d͏ ͏͏a͏͏t ͏en͏͏h͏an͏ci͏n͏͏͏g͏͏ ͏th͏e͏ ͏qual͏͏it͏͏y ͏͏͏o͏͏͏f liquor ͏͏͏a͏n͏d ͏focu͏s͏ing ͏on p͏r͏em͏͏iu͏͏͏m͏ o͏u͏tl͏͏et͏s͏͏....

Centre, state support crucial for achieving $1 Bn in alcoholic beverage exports: CIABC

Industry
The Confederation of Indian Alcoholic Beverage Companies (CIABC) stated on Wednesday that support from both the Centre and state governments will be vital for...

Beam Global faces growth slowdown as premium liquor competition heats up

Industry
Beam Global, known for brands like Teacher's, Hibiki, and Roku gin, experienced a sharp decline in sales growth for 2023-24. This drop was driven...

India outpaces China, becomes 2nd-largest market for Pernod Ricard

Industry
India surpassed China for the first time to become Pernod Ricard's second-largest market by sales in the fiscal year ended June, according to Alexandre...

Tilaknagar Industries to invest INR 13.15 Crore in Spaceman Spirits Lab, doubling stake to 20%

Industry
Tilaknagar Industries, an Indian-Made Foreign Liquor (IMFL) manufacturer, will make a follow-on investment of INR 13.15 crore in Spaceman Spirits Lab (SSL) over the...

DeVANS expands Six Fields beer lineup with new premium lagers

Industry
In a bid to bolster its presence in India's expanding retail and hospitality sectors, Indian alcobev company DeVANS has expanded its Six Fields beer...
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