Varun Beverages to foray into alcobevs

PepsiCo bottler Varun Beverages Limited (VBL) on Wednesday announced its foray into the alcoholic beverages sector, with a partnership between its African subsidiaries and Carlsberg Breweries A/S for their brand of beer, Carlsberg.

- AKSHARA SRIVASTAVA

“In response to the growing popularity of ready-to-drink (RTD) and variety of alcoholic beverages, VBL sees an opportunity for expansion into the business of RTD and alcoholic beverages of any type or description, including beer, wine, liquor, brandy, whisky, gin, rum, vodka in India and abroad,” the company stated