India-based distiller NV Group aims to quadruple its production capacity by 2012, according to a report.
NV Group will spend INR450 crore (US$99m) to take its spirits production capacity to 750,000 litres by 2012, according to India’s Economic Times newspaper. It cited company chairman Ashok Jain as saying that NV will increase capacity at its distilleries in Assam and Andhra Pradesh.
Go deeper with GlobalData
The news is yet another example of India’s buoyant spirits market, which, like the national economy, has largely withstood the effects of the global economic downturn.
At the end of last week, NV Group and France’s Belvedere announced that they had signed a tie-up in India. The deal will bring Polish Sobieski vodka to India, where it will be produced at NV’s distillery in the state of Haryana. Also in the pipeline are flavoured vodkas, Marie Brizard Liqueur, premium RTDs and brandy.
Stay informed for just £1! *
Get access to unbiased and data-driven news with a subscription to Just Drinks.
What’s included in your subscription:
- Unlimited access to Just Drinks content including daily global news, in-depth analysis, and interviews with C-suite executives
- Unbeatable coverage of categories from beer, wine and spirits to soft drinks and hot
beverages - Unrivalled drinks industry comment from Dean Best, Jessica Broadbent and leading sector specialists
Have a Subscribtion Sign in
Get help with subscribing or signing in
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData*30-day digital subscription for £1. Available to new subscribers only
