Allied Blenders eyes single malt, expects twofold turnover in 5 yrs

Allied Blenders and Distillers Ltd (ABD), a homegrown spirits company, plans to enter the single malt whisky segment, amplifying its presence in the fast-growing premium segment of the alcoholic beverages, said its Managing Director Alok Gupta here on Tuesday.

- PTI

ABD plans to set up a third distillery to meet demand.

(MINT)

Moreover, ABD, which currently operates two distilleries, plans to set up a third distillery to meet the growing demand and premiumization, and is looking at both inorganic and organic ways for expansion, he said.

ABDL, makers of Officer's Choice Whisky and Premium Gin under brand Zoya, is setting up a single malt plant with a capex of ₹75 crore at its Rangapur-based integrated manufacturing facility, which will be operational by the end of this fiscal year, he said.