Vinod Giri News
18.03 / 06:37
markets
UPS
Updates
International
After a washed-out year, beer makers bet big on summer for FY27 growth
Mint, “We need to see how the weather holds up and how much it impacts consumption.”India’s beer market, which sold about 440 million cases in 2025, is expected to close FY26 with 4-5% growth despite a weak first half. The industry is now looking to FY27 for a more meaningful rebound, with volumes likely to reach 455-460 million cases if favourable weather persists, said Vinod Giri, director general of the Brewers Association of India.“Despite all the early setbacks in FY26, we should end the year in positive territory, around 3-4% growth.
30.12 / 04:07
UPS
Digital
Manufacturing
Gap
reports
guidelines
Surrogate advertisement rules stuck in a legal grey zone
New Delhi: India's rollout of surrogate advertising guidelines is likely to be delayed further, as the government struggles to find clear legal authority under the Consumer Protection Act, 2019, two people familiar with the matter said. This complicates efforts to rein in indirect promotion of alcohol and indirect promotion ofbrands while prolonging regulatory uncertainty for companies operating under existing advertising restrictions.There is little clarity yet on a timeline for the guidelines even after one-and-a-half years of a government panel first meeting to fix these gaps from which surrogate promotions scrape throughThe consumer law does not define surrogate advertising or treat indirect promotion of prohibited products such as alcohol and tobacco as a standalone offence, limiting the government's ability to issue binding rules.“The consumer affairs ministry is examining whether the guidelines can be rolled out through executive action, while the department of consumer affairs is of the view that the current law allows intervention only when an advertisement is misleading with respect to the product being promoted, limiting the scope for such guidelines,” said the first of the two people cited above.In most such cases, the advertised product, such as packaged water, soda, music CDs or merchandise, is legally sold and not misleading in isolation, even if it uses the same brand name, logo or colours as a prohibited product.
06.04 / 12:47
markets
COST
UPS
Trade
Experts
country
Indian single malts keep up spirits despite Trump’s tariff heat
Subscribe to enjoy similar stories. New Delhi: India's premium whisky, including single malts, headed to the US may not be hit even as the liquor sector may feel the heat of the additional 26% reciprocal tariffs introduced by the US. “An increase in tariffs does have an impact, but whether it will be significant or just a knee-jerk reaction will become clear only after the release of the detailed schedule in the next few days," said Vinod Giri, director general, Brewers Association of India (BAI).
05.04 / 14:33
FIVE
WhatsApp
Destinations
Beer sales in Karnataka contracting due to high taxes, bringing down tax revenues in state: BAI
Brewers' Association of India (BAI) said in a letter to the state government. Taxes on beer have been increased three times in the last 18 months — in July 2023, February 2024, and January 2025, and as a result, the growth in sales of beer in the state, which has always been healthy, has «slumped to stagnation», it said. «After the third tax increase in January 2025, beer sales have actually started contracting for the first time,» said a letter by BAI Director-General Vinod Giri.
25.01 / 12:13
17.07 / 02:55
markets
UPS
Platform
wellness
trends
2020
Zero-alcohol companies look to capture millennial and 'sober curious' drinkers
ashwagandha go into Catwalk and are brewed over a few months using monk fruit as a sweetener and is produced and bottled in Ahmedabad. A sizable number of companies across India, big and small, including Catwalk, Sober, Sobriety Sips and the bigwigs in the beer industry are now experimenting in creating non and low alcohol spirits, including beer, wine, gin, whisky and others. What's driving this trend is a cohort of drinkers who are now looking to cut down on their consumption.
07.05 / 19:31
UPS
Election
WhatsApp
Cycling
blues
Tipplers toast local labels as big brands lose way in policy maze
Mumbai | New Delhi: Changes in state liquor policies are creating a never-before-seen scarcity of popular brands such as Royal Stag, Budweiser and Old Monk, worsened by the code of conduct for the general election, causing supply chain disruption, and delays in label registrations and licence renewals.
10.04 / 19:33
markets
Waters
Platform
trends
reports
Interviews
Bacardi high on premiumisation of portfolio in India
Bacardi India managing director Vinay Golikeri said, citing Bacardi Cocktail Trends Report 2024. «Premiumisation has endured, and we are into the golden age of spirits as the cocktail culture revolution is flourishing in India,» Golikeri said in an interview. The maker of Bacardi rum, Bombay Sapphire gin, Grey Goose vodka and Dewar's Scotch is accelerating premiumisation across its portfolio in sync with demand trends, he added. Golikeri termed India as a «standout» market for the multinational alcobev maker. He declined to comment on how much the Indian arm contributes to Bacardi's global sales. Bacardi India reported revenue of more than ₹500 crore for the financial year ended March 31, 2023, according to the latest available data from business intelligence platform Tofler.
10.04 / 10:57
markets
FIVE
Digital
economy
Align
rights
NIIF invests $200 million in Ibus to boost digital infrastructure in India
Infrastructure Fund (NIIF) on Wednesday announced a $200 million (about Rs 1,660 crore) investment in digital infrastructure player Ibus Network and Infrastructure. Ibus will be deploying the funds to scale operations in an organic way by expanding its capacities and for inorganic growth, according to a statement. The company aims to strengthen its position as a leader in in-building solutions, outdoor small cells and managed WiFi services and expand its presence in new emerging sectors like Internet of Things (IoT) solutions, it added.
18.01 / 10:27
COST
Manufacturing
CEO
wellness
Trade
recommendations
International
ena
Budget 2024 brew: Alcobev players pitch for uniform tax, excise duty cuts; ENA price relief, input tax credit hold key
₹5,000 crore giant with 15-20% growth potential, needs a clearer regulatory framework to flourish," Tushar Bhandari, Whole Time Director, AABL, opined. Also Read | Alco-bev industry in tight spot over shrinking margins as states keep MRP constant: ISWAI's Nita Kapoor The alcobev industry currently faces a challenge where it pays Goods and Services Tax (GST) on the procurement of raw materials, packing materials, and services.
23.12 / 14:51
Citi
Provident
Progressive
Experts
social
hospital
Department
Liquor in GIFT City: Industry leaders hail Gujarat govt's move as progressive, bold
Gujarat government's decision to allow liquor in GIFT City and called it a progressive and bold step that will attract major companies and quality workforce to the area. The state government on Friday lifted the ban on liquor in the Gujarat International Finance Tec-City with the aim of providing it with a «global ecosystem.» Jaxay Shah, CMD of Savvy Group, an Ahmedabad-based firm with a construction area of 4 million square feet in GIFT City, said, «It is a historical, progressive and bold step. GIFT City was competing in terms of infrastructure and was at par or even ahead of many international financial cities in the world.
17.12 / 13:01
prevention
CIABC seeks greater market access for alcoholic products in EU, removal of non-tariff barriers
CIABC on Sunday sought greater market access for domestic products in the European markets and removal of non-tariff barriers to boost exports. Confederation of Indian Alcoholic Beverage Companies (CIABC) said that the EU should remove the non-tariff barriers which prevent the vast majority of Indian products from being sold in their market.
15.12 / 10:53
Citi
FIVE
CEO
Metro
Celebrity
country
reports
Liquor industry in high spirits as holiday season is around the corner, premium brands to boost sales
Diageo India. The Manipur government's decision to legalise liquor in the state is also expected to drive up sales. The state government withdrew the prohibition from district headquarters, greater Imphal areas, tourist locations and registered hotel establishments, according to media reports.
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