India: Latest beverage news & analysis
Soft drinks marketers are always scratching their heads trying to establish new refreshment occasions for their drinks to exploit. Sometimes, these opportunities can be found in the most extraordinary channels. In Southern India, for example, salons have proved to be a surprise outlet for lemon & lime drinks like Sprite or 7 Up.
It's not every day that one can accuse the world's biggest spirits producer of being a bit stupid, but my peers in India are making hay today, doing just that. But, before wading in against Diageo and the call by its United Spirits unit in India for chairman Vijay Mallya to stand down, ask yourself this one question: What difference does it make?
Finally, after a near four-month delay United Spirits reported its full-year results today.
Finally, after almost 20 months, Diageo has got what it initially wanted in India. The company today (2 July) confirmed it now holds the majority of shares in United Spirits. This achievement, however, has cost way more than Diageo initially expected; to the tune of around US$1bn.
As expected, Diageo has stepped up its bid to take majority control of India’s United Spirits Ltd (USL). The UK-headquartered company has launched a tender offer for a further 26% stake in the UB Group unit, which, if successful would raise its stake to around 55%.
C&C Group has teamed up with the Indian division of Mahou San Miguel to prepare the launch of two variants in its Tennent's beer brand stable in the country.
Radico Khaitan has lined up the global release of a new single malt Indian whisky.
The Indian Government is weighing up the introduction of a tax on sugar-sweetened beverages, as diabetes and obesity rates in the country increase.
Malaysia-based stevia producer PureCircle is to partner farmers in India to plant 5,000 hectares of the plant following the country's move to approve its use as a sweetener.
Heineken has appointed equity sales specialist JM Financial in India, as it continues to increase its stake in the country's beer market leader, United Breweries.
The Indian state of Bihar has abruptly halted all alcohol sales, bringing forward a planned ban by six months, according to reports.
Allied Blenders & Distillers has reported a double-digit rise in full-year volumes, with flagship whisky brand Officer's Choice also performing well.
The Indian unit of Moët Hennessy has officially opened its first winery in the country, dedicated to producing the Chandon sparkling wine brand.
Diageo is to rename Indian whiskey McDowell’s in export markets after pressure from the Scotch Whisky Association.
Sidhartha V Mallya, son of Indian entrepreneur Vijay Mallya, has left his role as non-executive, non-independent director at United Breweries Holdings.
- Brown-Forman's march on premium whisk(e)y -Comment
- SABMiller in Cent'l & E Europe - What is for sale?
- Where does AB InBev see the future of beer?
- A-B InBev and its SABMiller divestments - Focus
- Premiumisation comes to bottled water - NPD
- Brown-Forman appoints new GTR marketing head
- Private equity poised for SABMiller Europe buy?
- AB InBev to sell SABMiller Cent'l, E Europe assets
- Carlsberg's Shed Head and Bad Apple craft - NPD
- Asahi loses Q1 sales overseas
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Consumer and Market Insights: Wine Market in China
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- What Next for Beer and Brewers Following the MegaBrew Deal?
- Carbonates in India