Beer

Kirin-backed Indian brewer B9 Beverages seeks more clout with new factory

B9 Beverages Ltd is building a new brewing facility in the north Indian state of Uttar Pradesh, which, once completed, will become India's biggest beer factory

United Breweries eyes strong growth in the premium beer segment

UBL offers a range of premium brands, including Kingfisher's premium variants Ultra, and Ultra Max. Two years ago, the company introduced Heineken Silver, a premium lager variant

Bengaluru brew blues: Is India's Silicon Valley in for thirsty times ahead?

Recent data from the excise department reveals a staggering surge in beer sales across Bengaluru, with a whopping 61% of April 2023's total sales achieved within the first fortnight of this year

Why Bengaluru is likely to face beer shortage

Breweries ramp up production on record sales forecast this summer

The companies ramp up production, diversify offerings on record summer sales forecast

Beer smuggling surge in Delhi this poll season, recovery of bottles doubles

Delhi police data indicated that by March of this year, 5,965 beer bottles were seized, up from the 2,117 bottles recovered last year

Summer cheer for beer firm United Breweries as margins remain stable

Cheaper raw material prices and growth in premium segment expected to help company

Hot sales ahead: Summer to fire up sales of ACs, beer and sunscreen

Epack Durable, which manufactures air conditioners for durable companies like Voltas, Haier etc., expects a growth rate of more than 15 per cent this year, if the heatwave persists beyond May

Indian beer startups growing, launching new products after surge in funding

Proost attributes the growth in the beer market due to rising per capita beer consumption, increased disposable income, and reduced societal stigma around alcohol

Karnataka govt asks beer makers to stop operations in third-shift

A letter citing a shortage of excise staff in the entire Mysuru district was sent to United Breweries, AB InBev, Carlsberg and B9 Beverages (Bira)

DeVANS Modern Breweries enters into production tie-up with Vairagi in UP

DeVANS Modern Breweries has entered into a production tie-up with Vairagi Brewery in UP's Barabanki, further enhancing its production capacity by 24,000 KL, amounting to 2 million cases per year, company officials said. The production tie-up comes barely a year after the company significantly boosted its production capacity through production tie-ups in Arunachal Pradesh and Jharkhand. "Uttar Pradesh is a huge beer market and DeVANS was finding it increasingly difficult to feed the market to its full potential due to capacity constraints. The Vairagi production tie up would go a long way in helping us in meeting the demand for our beers in the State," Prem Dewan, Chairman and Managing Director, DeVANS Modern Breweries Ltd, said. He said that the production partnership would also help the company avoid additional costs of import duties and freight and also enhance our overall production capacity to 1,80,600 KL. The manufacturer of iconic beer brands like Godfather, Six Fields and ..

Higher taxes on beer in Maharashtra impacts consumption of beverage

Beer consumption has witnessed a slowdown due to frequent changes in taxation, impacting the pricing of the alcoholic beverage, according to the industry

India's Indri whisky awarded world's best single malt; all you need to know

Indri whisky is the first Indian whisky to win this renowned award

Many states reduce excise duty on mild beer, make retailing easier

Beer to be allowed in certain offices in Haryana, other states allow its sale in stores and malls

From Corona beer to the coronation, the crown is branding fit for a king

King Charles III's reign is represented by an image of the Tudor Crown

As summer intentifies, UP scales up beer production amidst increased demand

Uttar Pradesh is scaling up beer production by 15 to 20 per cent to meet the increased demand amid the intense summer heat

United Breweries consolidated net loss at Rs 1.81 crore in December quarter

Beer maker United Breweries Ltd on Thursday reported a consolidated net loss of Rs 1.81 crore in the third quarter ended December 31, 2022 on account of impairment of assets in Tamil Nadu and Andhra Pradesh, besides higher expenses. The company had posted a consolidated net profit of Rs 91.02 crore in the same quarter last fiscal, United Breweries Ltd (UBL) said in a regulatory filing. Consolidated total income during the quarter under review stood at Rs 3,713.54 crore as against Rs 3,517.98 crore in the year-ago period, it added. Total expenses were higher at Rs 3,675.28 crore as compared to Rs 3,394.4 crore in the corresponding quarter a year ago, the company said. The company said there was continued inflationary pressures on costs, particularly on prices of barley and packaging material. During the quarter, the company said it incurred an exceptional item outgo of Rs 33.12 crore which was recorded as impairment on property, plant and equipment in Tamil Nadu and Andhra Pradesh.

Foreign liquor, beer prices set to rise in Uttar Pradesh from April 1

The prices of foreign liquor and beer in Uttar Pradesh will increase by 10 per cent with the implementation of the new excise policy from April 1, an official statement said on Sunday. The new excise policy 2023-24 was cleared by Uttar Pradesh Cabinet on Saturday. According to the statement, an increment of 10 per cent has been made on licence fees of foreign liquor, beer, cannabis retail shops and model shops. The government has also increased the fee for running the canteen facility at model shops to Rs 3 lakh from the present Rs 2 lakh in the new excise policy. With the new policy, the government has also increased the licence fee and security for bonded warehouse licenses (BWFL-2A, 2B, 2C) of foreign liquor, beer and wine. The registration and renewal fees of the master warehouse have been increased too. "The increase in licence fee and that of running canteen facility along with warehouse licences will eventually lead to rise in liquor prices," said Devesh Jaiswal of the UP .

NCLAT sets aside pleas against CCI's Rs 873-cr penalty on UBL, beer makers

The National Company Law Appellate Tribunal (NCLAT) on Friday upheld the Rs 873-crore penalty imposed by fair trade regulator CCI on UBL and other beer makers. A two-member bench said after examining the materials and considering the arguments, it was of opinion that the "appellants had already admitted in the leniency application regarding their involvement in the cartelisation". Referring to the batch of petitions moved by the beer makers before the CCI seeking reduction in penalty, the NCLAT said: "Lesser penalty application is like an admission of guilt in a cartel." "Once they have admitted their involvement in an application filed under Section 46 read with Regulation 5, they were only entitled to question the imposition of penalty," said the two-member bench comprising Justices Rakesh Kumar and Ashok Kumar Mishra. The Competition Commission of India (CCI) on September 24, 2021, imposed penalties totalling over Rs 873 crore on UBL, Carlsberg India, All India Brewers' Associat

NCLAT upholds CCI's Rs 870 cr fine on Kingfisher, Carlsberg manufacturers

Throws out the appeals of the beer makers, who were accused of cartelisation in the sale and supply of the beverage in various states and UTs