| After acquiring Fosters in India around four months back, SABMiller has lined up additional investment of $125 million in India. |
| "We will invest $25 million in our existing operations in India in the next three years. With the buy-out of Fosters in India, the total investment will touch $250 million," SABMiller Chief Executive Graham Mackay said during the India Economic Summit. |
| He said the investment of $125 million would be for marketing efforts and expanding breweries. The company has nine breweries in India. |
| "Beer has huge potential to contribute to India's development. Different laws on liquor in different states are inhibiting the growth of the Indian beer industry, which is 1/70th of the size of China," he said. |
| SABMiller is the second largest brewer in India and its brand portfolio includes Royal Challenge, Haywards 5000, Castle and the recently launched Haywards Black, India's first stout beer. |
| It is gradually improving its market share and coming close to the leader United Breweries. Globally, SABMiller had revenues of $15.3 billion in 2005-06. |
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