Facility to begin operations in early 2028 with 110,000-tonne annual capacity; project to strengthen supply chain, support farmers and create jobs
United Breweries or UBL has teamed up with global malting leader Soufflet Malt to set up a new, advanced malthouse in Rajasthan, reinforcing its supply chain and supporting the expansion of India’s beer market.
In a regulatory filing on Friday, the company said the facility is targeted for commissioning in early 2028. The plant will begin operations with an annual malt production capacity of 110,000 tonnes. In the subsequent phase, capacity is planned to be doubled.
The additional malt output will cater to UBL’s brewing requirements, including key brands such as Kingfisher and Heineken, ensuring a steady flow of quality raw materials for its production lines.
“As a category maker, we are committed to the long-term growth of beer in India,” said Vivek Gupta, MD and CEO of United Breweries Limited. He said that the partnership will strengthen the company’s backward integration and secure a consistent supply of high-quality malt to prepare for the next phase of category growth.
Jorge Solis, CEO of Soufflet Malt, highlighted that building their second malthouse in India aligns perfectly with their MALTiply 2030 strategy. “For us, today is much more than business growth; it’s about two industry leaders coming together to deliver the best and benefit our ecosystem: the agricultural community, our partners, suppliers and consumers,” Solis remarked.
The project is expected to generate around 400 direct and indirect jobs, along with an additional 700 roles across the broader supply network, the filing noted.
The investment will also include farmer outreach and training initiatives, covering more than 50,000 Indian farmers. The partners aim to source up to 250,000 tonnes of barley annually, while encouraging sustainable farming practices.
In a separate development, brokerage firm JM Financial, in its Q3 FY26 earnings review, reiterated its “Add” recommendation on UBL and revised the target price to Rs 1,720.
At 15.07 am, shares of United Breweries were trading 0.93 per cent higher at Rs 1,604.85 on the BSE, compared with the previous close of Rs 1,606.35.
