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Liquor sales India: Demand for spirits slows on increased taxes and high base

The Indian spirits industry experienced a slowdown in demand to 2.2% in the quarter ended September, reversing a 7-15% growth trend over the past two years. The industrys growth was impacted by lower sales of mass-priced products, increased taxes, and a high base. Whisky remained the largest segment, accounting for two-thirds of overall spirits demand, growing 3.2% on a high base between July and September.
Radico Khaitan Johnnie Walker Bikram Basu Dilip Banthiya Allied Blenders Liquor Sales India

Liquor Sales India: Demand for spirits slows on increased taxes and high base, ET Retail

Liquor Sales India: The Indian spirits industry experienced a slowdown in demand to 2.2% in the quarter ended September, reversing a 7-15% growth trend over the past two years. The industrys growth was impacted by lower sales of mass-priced products, increased taxes, and a high base. Whisky remained the largest segment, accounting for two-thirds of overall spirits demand, growing 3.2% on a high base between July and September.
Liquor Sales India Radico Khaitan Johnnie Walker Allied Blenders Dilip Banthiya Bikram Basu

ABD makes a strong shift to prestige and above, higher margin segments, ICONiQ Whisky cross 1 million cases

Allied Blenders and Distillers (ABD) has announced that its ICONiQ Whisky has reached the milestone of selling over 1 million cases within a year of its launch, despite being available only in North and East India. The brand, which offers a blend of imported Scotch malts and Indian grain spirits, has gained popularity in the markets it has entered.
Andhra Pradesh Bikram Basu Allied Blenders Sterling Reserve Whisky Jolly Roger Rum Iconiq White Whisky

ABD makes a strong shift to prestige and above, higher margin segments, ICONiQ Whisky cross 1 million cases, ET Retail

Allied Blenders and Distillers (ABD) has announced that its ICONiQ Whisky has reached the milestone of selling over 1 million cases within a year of its launch, despite being available only in North and East India. The brand, which offers a blend of imported Scotch malts and Indian grain spirits, has gained popularity in the markets it has entered.
Andhra Pradesh Bikram Basu Allied Blenders Sterling Reserve Whisky Jolly Roger Rum Iconiq White Whisky

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Bars, restaurants are back to lure, but drinks are in the house

The The pandemic-induced trend of Indians drinking more at home has not yet been fully reversed even as bars and restaurants have opened up completely and are doing brisk business. According to the latest data from global alcohol market analysts IWSR, 82.5% of alcobev sales in India last calendar year were from off-premise, or retail stores.
Jason Holway Gurpreet Singh Shweta Jain Bikram Basu Johnnie Walker Diageo India

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