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Industry: Brewing Trouble
Business Today
|July 12, 2020
India’s nascent microbrewery industry is facing the double whammy of lockdown blues and high taxation
Craft beer market in 2014
0.15 million litres
Craft beer market in 2019
43 million litres (microbreweries are a small part of this)
Beer market in 2018
2.4 billion litres
Expected size by 2023
3 billion litres
250-275 Number of microbreweries in India
$23.5 billion
Expected size of the Indian beer market in 2024
for a lot of people visiting Bengaluru for leisure, the job is pretty cut out: Finding out the most happening brewpub in town for a taste of house specials. And if the brews aren’t interesting enough, hit the next one which, going by the sheer numbers in the city, cannot be far away. Even for a nascent segment such as brewpubs – pubs which have in-house microdistilleries that brew fresh beer and serve it in the premises – you know how well the city has taken to it when you see a handful of them even in an area like Jayanagar, considered an old and conservative part of the city.
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