INDIA: UB to invest in increasing beer capacity - report

By | 31 August 2007

India's United Breweries has outlined plans to expand its capacity over the next three years, according to reports.

The beer maker was cited in local reports today (31 August) as saying that it will spend INR12bn (US$291m) in anticipation of rapid growth in the Indian market.

UB, which is 37.5%-controlled by Scottish & Newcastle, said its plans are in line with its expectations of beer consumption to grow by over 20% annually in India.

The brewer currently has annual capacity in the region of 120m cases.

The company also said that the market is changing and signified its readiness to expand accordingly.

Sectors: Beer & cider

Companies: United Breweries

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INDIA: UB to invest in increasing beer capacity - report

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with regards,
Aron

 

ARON said at 5:44 pm, September 11, 2007

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