Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Mixed bag for spirits this year?
Mint Mumbai
|January 04, 2024
Smaller regional companies are poised to hog the limelight with faster growth than their larger counterparts
-
The Indian spirits market, which navigated through a complex year due to tax hikes, state elections, and policy shifts in 2023, is expected to see flat growth in 2024.
While major players are likely to find solace in the premium segment, smaller regional ones are poised to hog the limelight with faster growth than their larger counterparts.
The hangover from 2023's challenges could linger amid sharp tax increases in states such as Karnataka and the dampening effect of elections across nine states.
Despite an initial surge in Punjab following a new excise policy, the market has now hit a plateau. The impact of the festival season remains to be fully realized, with analysts expecting a tepid 5-6% growth.
Smaller brands could brew growth, while giants might focus on "value up-trading" and pushing premium options. The real action is expected to come from smaller regional players.
Denne historien er fra January 04, 2024-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Nelco crosses first step to satcom reselling licence
Tata Group-owned Nelco Ltd has received the government's preliminary approval to resell satellite internet services to consumers by partnering with companies such as Elon Musk’s Starlink, OneWeb, Amazon's Kuiper and Jio Satellite, according to three people in the know.
3 mins
October 02, 2025
Mint Mumbai
US trade pact close, comprehensive deal to sidestep patents
As India and the US inch closer to the timeline to finalize a trade deal, both sides are moving towards signing a comprehensive Bilateral Trade Agreement (BTA) that will cover nearly every aspect of commerce, from tariff reduction and easing of non-tariff barriers to expanded access in services and energy cooperation.
2 mins
October 02, 2025
Mint Mumbai
RBI unveils plans to bolster credit flow to corporates, capital market
Regulator to remove cap on banks’ market lending to single group, proposes to allow acquisition funding
2 mins
October 02, 2025
Mint Mumbai
Cough syrup kills 6 children in MP; govt begins probe
Early reports suggest the syrups may have been tainted with diethylene glycol, a toxic chemical
1 mins
October 02, 2025
Mint Mumbai
Prez Trump's proposed changes to visa rules assailed by chip industry
The F-1 student visa serves as a critical pipeline to the tech workforce
4 mins
October 02, 2025
Mint Mumbai
Top firms tick boxes, but lag on diversity, independence
India's top 100 listed companies have shown progress in corporate governance practices, but persistent gaps remain in board meeting attendance, diversity, and leadership independence.
2 mins
October 02, 2025
Mint Mumbai
RBI rate actions are signals that markets need not always heed
Contrary to widespread belief, monetary transmission is both slower and far-from-linear, globally
3 mins
October 02, 2025
Mint Mumbai
US shutdown, Fed rate cut bets lift gold
Gold prices rallied by ₹1,100 to breach 1.21 lakh per 10g mark in the national capital on Wednesday, tracking global cues amid US government shutdown after Congress failed to approve fresh federal funding.
1 min
October 02, 2025
Mint Mumbai
Food delivery giants rid health wave to bulk ma
Zomato and Swiggy are bringing in features like 'healthy mode' and a 'high
3 mins
October 02, 2025
Mint Mumbai
Ola Electric under fund pressure amid sales de
The EV maker missed its sales targets to achieve profitability for seventh con
2 mins
October 02, 2025
Translate
Change font size