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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
Quick delivery service Swiggy Instamart said it is seeing a sharp rise in orders for ice cream and cold beverages
Started in 2015, Bira is one of India's most popular craft beer makers and is backed by Japan's Kirin Holdings and Belgium's Sofina
The new brewery in Madhya Pradesh -- Bira's second in the central Indian state -- will initially add 400,000 hectoliters a year, Ankur Jain, the 41-year-old chief executive officer said
Japan's beer maker Kirin Holdings will invest $30 million in New Delhi-based B9 Beverages, the companies, as it seeks to secure a spot in India's growing craft beer market amid falling sales at home
The fact that musicians Ed Sheeran and Rihanna were clicked swigging the orangey Bira 91 White will only help the brand's appeal
The company expects its India business to break even in fiscal 2019 and revenue to more than double to about Rs 4 billion