Thursday, November 21, 2024

spirits

The Indian beverage sector is undergoing a significant transformation, driven by evolving consumer preferences, rapid urbanization, and innovative trends. Ajit Balgi, Founder of The Happy High Bartending Academy, shares key insights into what’s shaking up the...
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

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

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...

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

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

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

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

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

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%

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

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...

Allied Blenders partners with Ranveer Singh to launch new premium spirits brand

Liquor producer Allied Blenders and Distillers has teamed up with Bollywood actor Ranveer Singh to launch a new business venture featuring a range of...

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...

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