Distilleries

Amrut unveils jaggery-distilled rum 'Bella' starting with Karnataka

Amrut further said that Bella has matured for six years in ex-bourbon barrels under tropical climatic conditions

Govt eyes $1 bn exports of alcoholic beverages in next few years: APEDA

With the global demand for Indian spirits growing at a healthy rate, the government is planning to promote both Indian alcoholic and non-alcoholic beverages in the international markets and is eyeing USD one billion (about Rs 8,000 crore) exports in the next few years. The commerce ministry's arm APEDA (Agricultural & Processed Food Products Export Development Authority) said that India currently ranks 40th in the world for alcoholic beverage exports. As per estimates, the country has huge unrealised export potential. The authority, as part of the 'Make in India' initiative, has been targeting to increase exports of Indian spirits to major foreign destinations. "It is potentially eyeing USD 1 billion in export revenue over the next few years," it said in a statement on Wednesday. The country's alcoholic beverages exports stood at over Rs 2,200 crore in 2023-24. The major destinations include UAE, Singapore, Netherlands, Tanzania, Angola, Kenya and Rwanda. APEDA also said that ...

NCPCR rescues 58 child labourers from distillery in Madhya Pradesh's Raisen

As many as 39 boys and 19 girls were rescued from a distillery in Madhya Pradesh's Raisen district, an official said on Sunday. The National Commission for Protection of Child Rights (NCPCR) with the Association of Voluntary Action, also known as Bachpan Bachao Andolan (BBA), led the crackdown at Som Distillery on Saturday, a release stated. A team led by NCPCR chairman Priyank Kanoongo rescued 58 children, 19 girls and 39 boys, from Som Distillery, the BBA stated. "Children bore burn wounds on their hands from exposure to harsh chemicals and alcohol. They were transported daily by their employer in a school bus and worked 12-14 hours daily," it said. In a post on 'X', Chief Minister Mohan Yadav said the raid at the factory was a serious matter. "Received detailed information from the labour, excise and police departments, and direction has been given for taking appropriate action. Strict action will be taken against the guilty," Yadav wrote. Som Distilleries & Breweries is an ..

EID Parry India Q4 results: Consolidated net proft at Rs 294.30 crore

E.I.D. Parry India Ltd has reported a consolidated profit after tax for the January-March 2024 quarter at Rs 294.30 crore, the company said. The city-based sugar manufacturer had registered a consolidated PAT at Rs 286.90 crore during the corresponding quarter of last year. Commenting on the financial performance, Managing Director S Suresh said, "the operating performance of the standalone sugar division was lower during the year as compared to the previous year on account of nil exports, higher cane cost, lower recovery from cane and change in product mix in distellery on account of change in Government policy." The overall cane crush marginally reduced during the year from 51.81 LMT metric tonne to 50.09 LMT and sugar sales reduced from 5.20 LMT (lakh metric tonne) to 4.64 LMT, he said. For the financial year ending March 31, 2024 the consolidated profit after tax fell to Rs 1,617.57 crore, from Rs 1,827.74 crore registered a year ago. The consolidated total income during the .

American spirits company Sazerac may hike John Distilleries stake to 60%

John Distilleries is the fourth largest liquor company in the country by volumes

Pernod Ricard India to invest Rs 1,800 crore to set up malt distillery

The distillery, one of the biggest in India, will have a capacity of up to 60,0000 litres per day and 13 million litres annually

Whisky woos young Chinese as top distillers target growing market

A distillery in southwestern China is aiming to tap a growing taste among young Chinese for whisky in place of the traditional baijiu liquor used to toast festive occasions. The more than USD 100 million distillery owned by Pernod Ricard at the UNESCO World Heritage site Mount Emei launched a pure-malt whisky, The Chuan, earlier this month. The French wine and spirits group says it is produced using traditional whisky-making techniques combined with Chinese characteristics including locally grown barley and barrels made with oak from the Changbai mountains in northeastern China. Chinese terroir means an exceptional and unique environment for aging, including the water source here top-notch mineral water. The source of water at Mount Emei is very famous," says Yang Tao, master distiller at the distillery. A centuries-old drink, whisky is relatively new to China, but there are already more than 30 whisky distilleries in the mainland, according to the whisky website Billion ...

Ethanol distilleries rework output plans as FCI halts rice supply

Gulshan Polyols informed the stock exchange that production at its 500 kiloliters per day grain-based ethanol manufacturing plant in Chhindwara district of MP would be disrupted for a few days

Radico Khaitan surges 18% in 4 days, hits record high; zooms 170% in 2021

During Q2FY22, Radico Khaitan delivered a robust volume growth led by Prestige & Above category brands.

Two Muzaffarnagar distilleries produce 11.08 cr litre wine since Apr 2020

Two distilleries - Mansurpur and Triveni Alco - have produced 11.08 crore litre of wine since April 2020, and the Uttar Pradesh government received Rs 2,826 crore in revenue from them

Govt notifies modified scheme on ethanol production to assist distilleries

The government on Thursday notified a "modified" scheme to provide financial assistance to distilleries producing first-generation ethanol from feedstocks, including cereals.

Liquor volumes may take 20% hit in FY21 due to closed shops, tax hikes

It could be the sharpest fall in four years

UP increases molasses quota for distilleries; sugar mills disappointed

UP sugar mills have long been demanding the state government to abolish the system of reserving molasses for distilleries

Distilleries to make most of govt incentives by reviving idle capacity

Around a fourth of 2,750 mn litres of installed capacity remained idle so far, ethanol supply to boost by 0.5 billion litres