Beverages

Stable raw material prices help in the expansion of gross margins

Rising Bharat: Lahori Zeera co-founder welcomes competition, targets pan-India reach in two years

On the growing competition within the category, Archian Foods' Saurabh Munjal said the company was the first mover and welcomes more competition, as more players in the space will expand the category.

Lahori, a beverage brand, nears Rs 450 crore fundraise from Motilal Oswal, others

While the company was valued at around Rs 700-750 crore in 2022, ongoing negotiations value the company at around Rs 2,500 crore, a source told Moneycontrol.

India targets $1 billion export goal for beverages

In a significant milestone for Indian spirits, Godawan Single Malt Whisky, crafted in Rajasthan, India, is preparing to make its debut in the United Kingdom. This artisanal whisky represents a key step in India's strategy to enhance its global footprint in the beverage sector.

India raises a toast as whiskey exports surge 26% to $78.5 million in first half of 2024

The Netherlands, UAE, Ghana have emerged as top importers of Indian whiskey, while the US has become a major buyer of high-end varieties

Milk expenditure in Indian households: How does Karnataka compare?

Milk and milk products account for the second-highest share of food consumption in India; Karnataka reported the fastest milk inflation in May

Muttiah Muralitharan's beverages & confectionery unit to be operational by January 2025

Muralitharan plans to manufacture beverages and confectioneries under the brand 'Muttiah Beverages and Confectioneries'.

Sugar content guidelines to hit packaged foods, beverages: Report

This move could potentially impact branded soft drinks, juices, cookies, ice-creams, cereals and other items.

Summer heat boosts sales for ice cream and beverage companies; Amul sales have been remarkable, says MD Jayen Mehta

Regions like Uttar Pradesh, East India, South India, and Maharashtra have witnessed sales growth ranging from 35 percent to over 50 percent, Mehta said.

Tata Consumer Products: Foods and beverage portfolio to get bigger

Foods business will be the engine of growth, with the increase in total addressable market size after two recent acquisitions.

Exclusive | Starbucks Global CEO Laxman Narasimhan breaks down 'Triple Shot Reinvention' strategy

Starbucks Global CEO Laxman Narasimhan discussed with CNBC-TV18’s Shereen Bhan the plan to get to 55,000 stores over the course of the next five years, with three out of the four stores being outside of the US and India's role in it

International Coffee Day 2023: How to pick the right brewing method for your favourite roast and other tips

Coffee is not merely a beverage; it is a sensory journey that engages the palate. On International Coffee Day, October 1, embark on a coffee adventure, experimenting with brewing methods and beans.

Nestle Says Global Food and Beverage Market Has Been Shrinking

“People are consuming less, or they’re eating less or they’re wasting less or they’re eating more out of home,” outgoing Chief Financial Officer Francois-Xavier Roger said during a Bernstein conference Thursday. “It’s difficult to know. I don’t think it will last.”

IndiGo stops serving beverages in cans onboard flights

BJP member and former Rajya Sabha MP Swapan Dasgupta has complained that one cannot buy a soft drink on an IndiGo flight and said the airline must stop squeezing passengers through all sorts of extras.

Chart of the Day | Tea may bring cheer to FMCG players in FY24, but at the cost of growers

Healthy production trends could see sales and realisations of plantations under pressure, but branded tea markets could benefit

SLMG Beverages plans to invest Rs 100 cr to increase EV fleet

"SLMG Beverages will invest approximately Rs 100 crore to increase its fleet from 2000 EVs to 5000 EVs for its distribution network," the company said in the statement.

Hindalco: Downstream assets will keep the pot boiling

Investors need to focus on Novelis business, given that it remains the largest contributor to profitability

Britannia: Volume growth takes focus

Growth from adjacent categories will drive revenue growth while premium products will lend a hand to profitability

Know all about The Glenwalk, actor Sanjay Dutt’s new scotch whisky brand, priced at Rs 1,550

The actor has invested in alcobev startup Cartel & Bros to import and retail liquor brands into India. The company also plans to roll out a vodka made in Russia by the end of this year.

ITC: Continued all-round performance

Sustainable volume growth in cigarette and improved profitability in FMCG business key to re-rating

CAIT calls for reducing GST on beverages

The traders' body said it will launch a campaign to forge an alliance with other verticals of the economy like farmers, transporters, SMEs, etc. to impress upon both the Centre and state governments to lower the tax rate on beverages.

Beat the heat! From Pepsi to Mirinda, soft drinks' sales outlook remains buoyed in 2023

Apart from seasonal demand, growth in beverages industry is also driven by deeper penetration into rural markets, an expanding demographic profile, and a growing middle-class population, according to a recent report by Varun Beverages.

Tata Consumer Products: What will be a key driver for India business?

Foods business likely to be the engine of growth, backed by expanded portfolio and higher distribution reach

On the rocks: Why the ice in your cocktail can make or break the drink

The role of ice goes beyond just cooling the drink. The size and shape of the ice has a significant effect on the drink. It also adds aesthetics and makes the consistency of the drink ideal.

Reliance Retail FMCG arm to pick up 50% in beverage maker Sosyo Hajoori

The deal was announced months after Reliance Retail Ventures acquired another domestic soft drink brand, Campa, from Delhi-based Pure Drinks Group.