InBev India International is to take full control the operations of Budweiser beer in the country, following InBev's acquisition of Anheuser-Busch last year for $52bn.

InBev India, a two-year-old joint venture between India's Ravi Jaipuria and Anheuser-Busch InBev, will control the sales, marketing and distribution of the Budweiser and Armstrong brands, the company confirmed to just-drinks today (11 June).

Ravi Jaipuria's RJ Corp owns a 51% stake in the joint venture.

"We have brought together the two sales operations and InBev India is undertaking the sales, marketing and distribution of Budweiser and Armstrong," a spokesperson told just-drinks.

India's beer market remains small, with per capital consumption of around one litre. But, with a drinking population of around 500m, the country's potential is clear to brewers.

Currently, SABMiller and arch-rival United Breweries have more than 80% of the market sewn up between them.

Last week, Anheuser-Busch InBev completed the sale of its remaining 7% stake in Tsingtao Brewery to private Chinese investor Chen Fashu for US$235m.

The deal means that A-B InBev is no longer a shareholder in Tsingtao.

In April, the Belgium-based brewing giant completed the sale of a 20% stake in Tsingtao to Asahi for $667m.