United Breweries Targets Up To 6% Annualised Cost Savings
A detailed portfolio review is underway, prioritising its most valued stock-keeping units (SKUs) and rationalising underperforming products to enhance operational efficiency
A detailed portfolio review is underway, prioritising its most valued stock-keeping units (SKUs) and rationalising underperforming products to enhance operational efficiency
United Breweries introduces Kingfisher Smooth in Rajasthan, targeting young consumers with a smooth, strong beer to drive growth and premiumisation.
Heineken reported a mid-single-digit drop in India beer volumes due to heavy monsoon rains, though revenue rose on price gains and premium sales.
This facility will be designed primarily to produce certain premium products of Kingfisher and Heineken
The company has seen an 11 per cent growth in total volume, led by 46 per cent growth in the premium segment
However, Anand Kripalu says that some states are beginning to recognise the limitations of total prohibition and are gradually shifting towards more pragmatic, regulated consumption models
The company stated that TGBCL has given assurance to address issues on pricing and outstanding payments
The decision is attributed to financial losses stemming from TGBCL’s failure to revise the basic price of beer since 2019-20 and significant overdue payments for past supplies