The MoU signed at the India–Russia Summit positions IndoBevs as the only alcobev player securing a bilateral partnership at this year’s forum IndoBevs has announced the signing of a Memorandum of Understanding (MoU) with Abrau-Durso, Russia’s leading alcoholic beverage producer, during the India–Russia Business Forum held alongside the 23rd Annual India–Russia Summit. With this […]
There is a steep inclination towards luxury drinking experiences, which has a direct correlation with premiumisation of alcoholic beverages, says Prem Dewan
United Spirits has announced the acquisition of a 15 per cent stake in Inspired Hospitality, the parent company of alcohol beverage brand, Pistola, for Rs 5.65 crore, as stated in a BSE filing on Thursday. “The Company will subscribe to 3,494 (three thousand four hundred ninety-four) Compulsory Convertible Preference Shares (CCPS) and 10 (ten) equity […]
The Confederation of Indian Alcoholic Beverage Companies (CIABC) has sought better market access for Indian products in the European Union. The apex body of Indian alcoholic beverage manufacturers has demanded that the EU remove the non-tariff barriers that prevent the vast majority of Indian products from being sold in the EU. The confederation’s members include […]
