30 October 2023
30 October 2023
India may not be set to reach the scale of China’s luxury-goods sector but the prospect of its steady growth should attract distillers.
“When we talk about major cost-cutting... we are talking about everything” – CFO Luca Marotta.
The French organic food producer claims the factory is the largest 100%-organic tea and coffee plant in Europe.
A shortage of workers throughout the supply chain and devastated farms in the south are disrupting operations.
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Rishi Sunak’s speech follows the release of a landmark AI report from the UK government highlighting serious threats posed by the emerging tech.
Deal activity was impacted by several factors including higher inflation and rising interest rates.
Dr. Fabian Stephany, research lecturer in AI at the Oxford Internet Institute, says he is doubtful that AI would entirely replace the human workforce.
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Per GlobalData analysis, the NAB market has a strong outlook in terms of value and steady forecasting for volume up to 2026. The industry has been resilient to the pandemic and inflationary pressure as consumers continue to up their intake of NABs. Rising health and wellness trends mean that a growing number of consumers are swapping alcohol consumption for NABs while others are adding more drinks to their diet for improved hydration and extra nutritional value from fortified and functional NABs.
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