Monday, December 30, 2024

Liquor

Centre targets $1 billion exports of alcoholic beverages as global demand grows

As part of the ‘Make in India’ initiative, the government plans to promote Indian alcoholic and non-alcoholic beverages globally. The goal is to reach...

Indian whisky market booms as consumers shift towards premiumisation

The Indian scotch whisky market has experienced remarkable growth over the past decade. In 2021-22, the market surged by 60%, marking one of the...

Pernod Ricard acquires stake in non-alcoholic agave spirit brand Almave

Beverage giant Pernod Ricard has acquired a minority stake in Almave, a premium non-alcoholic agave-based spirit brand.Almave was co-founded by sportsman Lewis Hamilton, Mexican...

India’s alcobev market sees boost from HNIs as craft spirits gain popularity

India's alcoholic beverages market is seeing a rise in mid-sized funding deals from early-stage institutional investors and high net worth individuals (HNIs). This interest...

Whisky giants explore Indian grains like Millets and Maize for unique blends

Two of the world's leading distillers, Diageo and Pernod Ricard, are exploring the use of unconventional grains like millets, Bengal gram, and maize to...

Fullarton Distilleries expands portfolio with new line of spirits

Goa-based Fullarton Distilleries has expanded its portfolio with Fullarton Originals, a new range of spirits designed to cater to the evolving tastes of Indian...

Sanjay Dutt launches The Glenwalk’s Zero-Calorie Ginger Ale

Sanjay Dutt, renowned Bollywood actor and longstanding brand ambassador for The Glenwalk, has introduced the newest addition to the premium Scotch whisky brand’s lineup:...

Liquor companies pin hopes on second half after sluggish Q1 sales

Liquor demand in India stayed steady, but brandy and rum consumption dropped in the June quarter due to a high base, election-related supply chain...

Pernod Ricard India bets big on premiumisation, targets 3x revenue growth with new whisky launches

Pernod Ricard India, the country’s second-largest distiller, aims to triple its revenue over the next decade by focusing on premiumisation and innovation. This strategy...

InvestBev enters non-alcoholic sector with major investment in Sèchey

InvestBev, a private equity firm specialising in adult beverages, is branching into the non-alcoholic sector with an investment in Sèchey, a brand offering alcohol-free...

Virat Kohli’s one8 Commune expands with tenth outlet in Mohali

Virat Kohli's one8 Commune has unveil͏ed ͏its tenth location in Moh͏ali, enhanci͏ng͏ Punj͏ab's vibrant h͏ea͏r͏tland.͏ Cove͏ring ͏7,7͏00 square fee͏t, this new ͏v͏enue͏ ͏o͏ffers a...

Carlsberg to continue existing strategy post-full ownership of Indian operations, eyes accelerated investment

Danish brewer Carlsberg’s global CEO, Jacob Aarup-Andersen, sta͏ted that ͏the company does not require ͏a n͏ew strategy for the ͏Indian market,͏ even aft͏er ͏fina͏lising...

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