Page 2 - Whisky

Alcobrew Distilleries eyes higher exports with launch of single malt whisky

Exports are currently a small part of the company's revenue but the management expects it to gradually increase

India could soon be our next launch pad, says Irish Distillers CEO

Nodjame Cecile Fouad tells about the opportunities in India and the brand's expansion plans

Trademark infringement: SC directs 'London Pride' to consider new packaging

The Supreme Court on Monday directed a Madhya Pradesh-based company which manufactures and sells whisky under the trade mark 'London Pride' to inform if it was willing to change the trade dress and colour of its product as they were similar to liquor major Pernod Ricard India Pvt Ltd's 'Blenders Pride' and 'Imperial Blue' whisky. A bench headed by Chief Justice D Y Chandrachud asked senior advocate S Muralidhar, appearing for brand 'London Pride', to seek instructions and inform it about the company's response by the next date of hearing. "Why have you ('London Pride') adopted the same trade dress and colour and all? Get instructions on whether you will change the trade dress and colour (visual appearance of a product)," the bench, also comprising Justices JB Pardiwala and Manoj Misra, said. The apex court said it will hear arguments on the issue of trademark dispute on names at the next hearing. The legal battle over the alleged infringement of trademark of the whisky brands ...

Officer's Choice whisky maker Allied Blenders files IPO papers with Sebi

Allied Blenders and Distillers Ltd, the maker of Officer's Choice Whisky, has refiled preliminary papers with the capital markets regulator Sebi to raise Rs 1,500 crore through an Initial Public Offering (IPO). The initial share sale comprises fresh issuance of equity shares worth Rs 1,000 crore and an Offer-For-Sale (OFS) of shares to the tune of Rs 500 crore by promoters, draft papers file with Securities and Exchange Board of India (Sebi) showed on Thursday. As a part of the OFS, Bina Kishore Chhabria, Resham Chhabria, Jeetendra Hemdev and Neesha Kishore Chhabria will sell shares. Out of the total proceeds from the fresh issue, Rs 720 crore will be used for the payment of debt, besides a portion will be used for general corporate purposes. As of December 2023, the company had a debt of around Rs 808 crore, according to the draft papers. With a market share of 8.2 per cent in Indian-Made Foreign Liquor (IMFL) in fiscal 2023, Allied Blenders and Distillers had earlier filed draft

Indian single malts beat global brands, capture 53% sales in 2023: Report

The top Indian brands, which contributed to this milestone, included Amrut, Paul John, Radico Khaitan's Rampur, Indri, among others

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 ...

Indian alcohol cos seek elimination of 'non-tariff barriers' in EU markets

For a beverage to be considered "whisky" in the EU, it has to be at least three years or more old. For "brandy", this time is one year

Raising the bar: How Indian whisky brands are making a splash in West

Whisky consumption in India is set to reach 289.49 million cases by 2027-28, according to a Research and Markets report

A rare 1926 Macallan whisky sold for a record price at a Sotheby auction

A 1926 Macallan whisky created history by selling at a record price of Rs 22 crore at a Sotheby auction in London. The whisky also has a label of Valerio Adami

This Indian single malt won the best whisky award in 2023

India's Indri whisky awarded world's best single malt; all you need to know

Indri whisky is the first Indian whisky to win this renowned award

Demand for Indian single malt catching up with rivals from Scotland

The sales of Indian malt under Amrut brands have crossed the sales of Glenlivet 12 years old, which was the highest-sold Scotch in 2022

Here's what makes South Korea the world's fastest-growing whisky market

The higher price tag is worth it, according to Choi and many of his peers. South Koreans consumed 14.2 million liters of whisky in 2022, small amount compared with other nations, but up 46% from 2021

British Scotch companies seek safeguard against excise duty hikes

The organisation fears any import tariff liberalisation could be offset by increases in state-level taxes

India topples France as UK's largest Scotch whisky market; imports up 60%

India has overtaken France to become the UK's largest market of Scotch whisky in terms of volume with a 60 per cent hike in imports in 2022 over the previous year, according to the latest figures released by Scotland's leading industry body. The Scotch Whisky Association (SWA) revealed on Friday that India imported 219 million 70cl bottles of Scotch compared to France's 205 million last year representing growth of the Indian Scotch market of more than 200 per cent in the past decade. As one of the key sectors of focus for the UK in the free trade agreement (FTA) talks with India, now in their seventh round of negotiations, SWA pointed out that the hike in volume still makes up only a fraction of the Indian whisky market due to high tariffs. Despite double-digit growth, Scotch whisky still only comprises 2 per cent of the Indian whisky market, the association said. SWA analysis shows that a UK-India FTA deal which eases the 150 per cent tariff burden on Scotch whisky in India could

Alcohol sales in India rose to a four-year high in 2022, says report

The rise was the sharpest in premium products with their portfolio now accounting for a fifth of all the whisky sold in India

World's largest beer maker adds Budweiser Magnum whiskey to its India menu

India's love for darker spirits makes the world's largest beer maker enter the whiskey segment in the country

300 liquor stores, 4 microbreweries: Host of changes for tipplers in Delhi

Delhi is set to return to the old liquor excise policy regime, which includes opening 300 new liquor shops, and four microbreweries in the city

Officer's Choice whisky maker Allied Blenders files Rs 2,000-cr IPO papers

The IPO comprises fresh issue of equity shares worth Rs 1,000 cr and an Offer For Sale to the tune of Rs 1,000 cr by promoter and promoter group entity, according to the DRHP

HC rejects 'Original Choice' whisky maker's petition against rival

"The excise commissioner comprehensively dealt with the matter and has exercised the statutory power in the right perspective," the court said.