Poging GOUD - Vrij
DITCHED BY THE RICH, VODKA NEEDS A NEW SPIRIT
Mint Mumbai
|February 09, 2024
Indians buy tons of cheap vodka, but gin is the runaway leader in consumption growth when it comes to premium white spirits
-
Yangdup Lama, co-founder of Sidecar Bar in Delhi, knows a thing or two about alcoholhis bar has made it to the list of Asia's 50 Best Bars and the World's 50 Best Bars. A keen observer of trends in the business, Lama says vodka's time in the limelight has passed. "Five years ago when we opened Sidecar, we always assumed vodka would be more popular than gin, but it has become the other way around. Gin consumption has been consistent, unlike vodka," he said.
A decade ago, for every 10 bottles of whisky Lama ordered, he would order an equal number of vodkas and just two or three bottles of gin. Today, while the whisky count remains the same, gin stands at about eight bottles and vodka is down to just four.
Vir Kapoor, 37, who regularly hosts parties at his west Delhi home, has also observed this shift. "A lot of my friends have become gin drinkers," he said. Vodka, long the go-to white spirit for those who weren't into brown drinks such as whisky and brandy, has fallen out of favour in his circle. "Gin never existed for a lot of us a decade ago. It was primarily whisky, vodka, and a little bit of dark rum in the winter, and a lot of beer in the summer," recalled Kapoor. It would be the norm to have at least two bottles of Absolut (Pernod Ricard's premium vodka), or Belvedere (a Polish vodka distributed by LVMH) in his bar. Later, Grey Goose (Bacardi's) made an appearance. "But today, a lot of my friends are becoming gin drinkers. These are people who don't have brown spirits. They have almost exclusively switched over to gin from vodka and something like a Bacardi white rum," he said. And so, Kapoor's bar today features four-five bottles of gin such as Bombay Sapphire, Greater Than, or Stranger and Sons during parties. Oflate, his friends have also begun to ask for high-end sipping tequila. Greater Than and Stranger and Sons are craft gins made in India.
This change at Lama's bar and Kapoor's parties is playing out across the country.
Dit verhaal komt uit de February 09, 2024-editie van Mint Mumbai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Mumbai
Mint Mumbai
Russian co eyes terminals, shipbuilding push in India
State-affiliated Delo Group is eyeing India’s inland waterways and strategic ports for projects
2 mins
December 04, 2025
Mint Mumbai
Fed chair interviews cancelled as US President homes in on pick
The Trump administration canceled a slate of interviews set to start this week with a group of finalists to be the next chair of the Federal Reserve as President Trump again suggested he had made up his mind about who should lead the central bank.
3 mins
December 04, 2025
Mint Mumbai
Putin's visit is an opportunity to recalibrate relations with Russia
New Delhi and Moscow need to look beyond the past in a rapidly evolving geopolitical context
3 mins
December 04, 2025
Mint Mumbai
Seeking affordable financial advice? Try fixed-fee RIAs
Sebi-registered RIAs earn from client fees, not commissions, ensuring conflict-free guidance
5 mins
December 04, 2025
Mint Mumbai
IT sector sheds weight in stock market indices as AI rises
Since the start of the year, shares of the five largest firms have seen sharp drops: TCS fell by 23.47%, Infosys 17%, HCLTech 14.74%, Wipro 17.14%, and Tech Mahindra 9.97%.
2 mins
December 04, 2025
Mint Mumbai
Address Maker, AIGPL ink ₹200 crore private credit deal
Property developer Address Maker has struck a ₹200 crore private credit deal with AI Growth Pvt. Ltd (AIGPL) to help with its projects, purchase of land and plans to enter new markets, top executives of both companies said.
1 mins
December 04, 2025
Mint Mumbai
Ex-Flipkart executive Venugopal is Reliance Retail CEO
Former Flipkart executive Jeyandran Venugopal has been named president and chief executive officer (CEO) of Reliance Retail Ventures Ltd (RRVL), marking another significant senior-level appointment at India's largest retailer, which is preparing for a public listing.
1 min
December 04, 2025
Mint Mumbai
'Indian firms could raise $15 bn overseas'
JPMorgan expects Indian companies to raise as much as$14.5 billion next year by issuing overseas bonds, a senior executive at the investment bank said. The majority of this could be used for refinaneing existing debt, and some for financing acquisitions.
3 mins
December 04, 2025
Mint Mumbai
Cement cos aim for premium products to lift their margins
Cement makers such as Nuvoco Vistas, Birla Corp. and JK Lakshmi Cement are leaning on premium products to boost margins without raising prices—an approach analysts say may work for now but will likely fade as competition intensifies in the premium segment.
2 mins
December 04, 2025
Mint Mumbai
Zerodha looks beyond retail, bets on Tijori to draw institutional investors
Discount broking firm Zerodha's $5 million bet on research platform Tijori will help it move beyond retail trading and strengthen its products for cash-market and mutual fund investors, a top company official said.
2 mins
December 04, 2025
Listen
Translate
Change font size
