يحاول ذهب - حر
Tequila enjoys a sunrise as India's love for gin cools
May 07, 2025
|Mint Mumbai
Gin may have lit up cocktail menus over the past few years, but drinkers may be moving on.
Agave spirits, tequila and mezcal are taking the spotlight even as vodka makes a quiet comeback. Yet, whisky, India's long-time favourite, still dominates.
Whether at a rooftop bar or house party, tequila shook off its old party-shot image with affluent urban consumers taking to cocktails like Picante and Paloma. Agave spirits, tequila and mezcal grew the fastest at 36% by volume in the country last year, according to the latest consumption numbers for 2024 that international drinks consultant IWSR shared exclusively with Mint.
Vodka volumes rose 5% across price levels, making it one of the stronger performers this year. But brandy and rum stayed mostly flat, with just 2% volume growth, IWSR said. The biggest surprise was gin. While the rise of gin seemed unstoppable until now, its volumes grew just 1% in 2024—a sign that the buzz around many homegrown craft gins may be wearing off, or at least slowing down.
Tequila's rise mirrors a growing tendency among India's younger consumers to try out premium spirits, which has bolstered the industry's growth amid rising incomes and social acceptance. IWSR estimates the country's $32-billion liquor industry to expand by an incremental $7 billion by 2028.
هذه القصة من طبعة May 07, 2025 من Mint Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint Mumbai
Mint Mumbai
In India's car labs, Chinese models new benchmark
Walk into the vehicle development centre of any major Indian carmaker and you'll find dozens of rival cars stripped to their bones, engineers poring over every exposed circuit, nut and wire. Such 'benchmark-ing' helps companies understand why some models work while others don't, track technology trends, and plan their own vehicle roadmaps.
2 mins
November 17, 2025
Mint Mumbai
Insurance merger plan gets new life
Centre weighs consolidating National, Oriental, United
3 mins
November 17, 2025
Mint Mumbai
India's telecom spectrum: Who actually owns it?
On 13 November, the Supreme Court reserved its order on how spectrum held by Aircel and Reliance Communications (RCom) will be treated under their insolvency proceedings. The decision will bring clarity on whether spectrum can be sold to recover dues. Mint. explores.
2 mins
November 17, 2025
Mint Mumbai
Why are India's rich finally protesting for a better life?
They stood holding English placards, some of which even had commas.
4 mins
November 17, 2025
Mint Mumbai
BJP FACES TWO TESTS: ELECTORAL & FISCAL
The mammoth win in Bihar is done and dusted. Can the Bharatiya Janata Party (BJP) now break into regional bastions in the upcoming state polls in 2026, and can it continue hiking welfare spending to garner votes?
4 mins
November 17, 2025
Mint Mumbai
Resilience spells hope as uncertainty reigns high
As trade-policy turmoil prolongs global uncertainty on an IMF index, we have some bright spots too. India should consider shifting focus from supply-side policies to demand stirrers
2 mins
November 17, 2025
Mint Mumbai
IFC, two others may pick 49% in green H₂ maker Hygenco
The World Bank's International Finance Corp. (IFC), Munich-headquartered Siemens AG, and Singapore's Fullerton Fund Management may acquire at least 49% in Gurugram-based green hydrogen manufacturer Hygenco Green Energies Pvt. Ltd, two people aware of the development said.
4 mins
November 17, 2025
Mint Mumbai
DO YOU OWN PAPER OR GOLD? THE CRITICAL FINE PRINT ON SGBS
Ow Bertie is quite chuffed that he owns Sovereign Gold Bonds (SGBs).
2 mins
November 17, 2025
Mint Mumbai
Financial sector’s report card reveals regulatory gaps
The quinquennial report cards on India’s financial sector have been issued and they present a disturbing picture.
3 mins
November 17, 2025
Mint Mumbai
NEW WAVE OF TECH IPOs LEAVES RETAIL INVESTORS AT RISK
The Indian stock markets are bracing for another wave of what the fashionable set calls 'digital IPOs'.
3 mins
November 17, 2025
Listen
Translate
Change font size
