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The beer highlights smoky, burnt notes, mirroring the fiery essence of roasted malts
The Beer Association of India (BAI) has urged the Karnataka government to withdraw draft notifications, which proposed a hike in duty through alcohol content-based classification in beer, saying that on average this move would lead to a price increase of 10-20 per cent in mainstream and premium segments. The draft notification proposes to double the excise duty on strong beer to Rs 20 per bulk litre, increase the minimum billing price for beer in the state to Rs 300 per case and Additional Excise Duty (AED) to 195 per cent of the billing price or Rs 130 per bulk litre whichever is higher. The industry body, in a letter to Chief Minister Siddaramaiah, has also asked to withdraw the proposal asking beer manufacturers to declare the sugar content in the beer on the bottle's label and capping the use of sugar to 25 per cent of the weight of malt of grain. BAI, which represents leading beer makers United Breweries, ABInBev and Carlsberg, said these draft notifications are not in the ...
Dutch beer maker Heineken NV witnessed a 4.5 per cent volume growth in its premium category led by flagship brand Heineken along with significant contributions from Kingfisher Ultra in India and Savanna in Southern Africa in the September quarter, company's Chairman and CEO Dolf van den Brink said on Wednesday. In India, organic beer volume grew by a mid-single-digit, the company said, adding that growth in India and Indonesia partially compensated for lower volume in Vietnam and Cambodia that led to beer volume organically declining by 1.2 per cent in the Asia Pacific region. "We delivered a solid quarter of balanced growth, organically growing beer volume 0.7 per cent and net revenue 3.3 per cent. Our business continues to deliver in line with our plan in aggregate, despite some markets navigating challenging consumer and industry trends," van den Brink said in a statement. He further said, "Our EverGreen strategy continues to shape our business. Premium volume grew 4.5 per cent,
The listed alcobev company eyes Rs 1600 crore sales in FY25
Six Fields Brute is the first strong lager variant in the iconic range, embodying a robust, full-bodied beer that promises a rare experience for bold consumers
B9 Beverages Ltd is building a new brewing facility in the north Indian state of Uttar Pradesh, which, once completed, will become India's biggest beer factory
UBL offers a range of premium brands, including Kingfisher's premium variants Ultra, and Ultra Max. Two years ago, the company introduced Heineken Silver, a premium lager variant
Recent data from the excise department reveals a staggering surge in beer sales across Bengaluru, with a whopping 61% of April 2023's total sales achieved within the first fortnight of this year
The companies ramp up production, diversify offerings on record summer sales forecast
Delhi police data indicated that by March of this year, 5,965 beer bottles were seized, up from the 2,117 bottles recovered last year
Cheaper raw material prices and growth in premium segment expected to help company
Epack Durable, which manufactures air conditioners for durable companies like Voltas, Haier etc., expects a growth rate of more than 15 per cent this year, if the heatwave persists beyond May
Proost attributes the growth in the beer market due to rising per capita beer consumption, increased disposable income, and reduced societal stigma around alcohol
A letter citing a shortage of excise staff in the entire Mysuru district was sent to United Breweries, AB InBev, Carlsberg and B9 Beverages (Bira)
DeVANS Modern Breweries has entered into a production tie-up with Vairagi Brewery in UP's Barabanki, further enhancing its production capacity by 24,000 KL, amounting to 2 million cases per year, company officials said. The production tie-up comes barely a year after the company significantly boosted its production capacity through production tie-ups in Arunachal Pradesh and Jharkhand. "Uttar Pradesh is a huge beer market and DeVANS was finding it increasingly difficult to feed the market to its full potential due to capacity constraints. The Vairagi production tie up would go a long way in helping us in meeting the demand for our beers in the State," Prem Dewan, Chairman and Managing Director, DeVANS Modern Breweries Ltd, said. He said that the production partnership would also help the company avoid additional costs of import duties and freight and also enhance our overall production capacity to 1,80,600 KL. The manufacturer of iconic beer brands like Godfather, Six Fields and ..
Beer consumption has witnessed a slowdown due to frequent changes in taxation, impacting the pricing of the alcoholic beverage, according to the industry
Indri whisky is the first Indian whisky to win this renowned award
Beer to be allowed in certain offices in Haryana, other states allow its sale in stores and malls
King Charles III's reign is represented by an image of the Tudor Crown