INDIA: InBev prepares green field brewery for India - report

By | 28 January 2008

InBev's joint venture in India has lined up a green field site in the country, according to local reports.

The Press Trust of India said yesterday (27 January) that InBev India International, the brewer's joint venture with the RKJ Group, has lined up an INR10bn (US$254.4m) investment in a new facility in the state of Andhra Pradesh.

The brewery will have an annual capacity of around 32m cases, the report said, citing RKJ's chairman, Ravi Jaipuria.

"Once we get necessary clearance from the authority, we will initiate the construction of the plant, which will require about INR10bn investment," Jaipuria told PTI.

The plant should begin operations before the end of next year, the report said.

Gaipuria was also cited as saying in the report that two of InBev's flagship brands have been lined up for the country. "Stella Artois and Beck, will be launched in the first half of the current year in Goa," Jaipuria said. "After Goa, we will launch it in other parts of the country and by the end of 2008 and it will be available in all metro cities."

No-one was immediately available at InBev to confirm the report when contacted by just-drinks today.

InBev finally entered the Indian beer market last year, when it set up a "long-term joint venture agreement" with the RKJ Group. The global brewer took an initial 49% stake in the venture with the option to increase its participation at a later date.

Sectors: Beer & cider

Companies: InBev

View next/previous articles

Currently reading -

INDIA: InBev prepares green field brewery for India - report

There are currently no comments on this article

Be the first to comment on this article

Related articles

US: Anheuser-Busch ups dividend payment

Anheuser-Busch has confirmed details of its latest dividend payment.

US: Price increases keep A-B level in year so far

Anheuser-Busch has seen price increases in the US buoy its figures in the latest quarter.

US: Anheuser-Busch extends Olympic tie-up

Anheuser-Busch has renewed its sponsorship of the US Olympic team.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page