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%.
The Coca-Cola Co's Indian unit has said it aims to make Maaza a US$1bn brand by 2023.
The southeast Indian state of Tamil Nadu has announced the closure of 500 state-controlled alcohol shops.
The Indian state government of Karnataka has given PepsiCo permission to build a major new soft drinks and snacks manufacturing plant, 200km south-west of Bangalore.
Heineken's majority-owned Indian brewer, United Breweries, has said it is will look to invest in more waste-water recycling programmes after "acute shortages" forced it to decrease beer production.
Radico Khaitan has reported a slight fall in full-year sales as it looks to focus on higher-margin spirits.
Nichols is relaunching its Vimto soft drinks brand in India after first taking the beverage to the country in 1920.
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.
Some people in India believe alcohol should be more difficult to purchase. Last month, the state of Bihar halted all alcohol sales as its chief minister made good on an election promise.
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