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Tag: CIABC

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

Bacardi India intensifies focus on premiumization as demand for high-end spirits surges

One in two Indians are favoring premium spirits, as per Bacardi India managing director Vinay Golikeri, citing the Bacardi Cocktail Trends Report 2024. Golikeri...

Indri Single Malt Whisky emerges as world’s fastest growing brand, selling over 1 Lakh cases and capturing 30% market share in India

Indri Single Malt Whisky, meticulously crafted by Piccadily Distilleries, has set a new standard in the spirits market, emerging as the fastest-growing single malt...

CIABC presses for unfettered advertising rights for liquor brand extensions amid regulatory scrutiny

The Confederation of Indian Alcoholic Beverage Companies (CIABC), a lobby representing the liquor industry, has communicated with the Ministry of Consumer Affairs. In their...

India-EFTA trade agreement set to boost domestic wine industry: CIABC

Alcoholic beverages makers' body CIABC on Monday said the free trade agreement between India and four European nation bloc EFTA will help push the...

Indian single malt whiskies outshine global brands in sales, achieving a landmark 53% market share in 2023

In a noteworthy development, Indian single malt whiskies have surpassed well-known international brands like Glenlivet, Macallan, Lagavulin, and Talisker in terms of sales for...

Confederation lauds Gujarat’s move to allow liquor sales in GIFT City, hails decision as progressive for state economy

The confederation of alcohol beverage producers in India on Saturday said they welcomed the Gujarat government's decision to allow liquor sale in GIFT City. The...

Indigenous spirits shine: India’s liquor exports soar, set to break $1 Billion barrier

The demand for Indian spirits is soaring, with a surge in the popularity of domestically produced liquor such as Indri, Amrut, and Radico Khaitan's...

CIABC lobbies for eased access to European markets for Indian Spirits

The Confederation of Indian Alcoholic Beverage Companies (CIABC) is advocating for enhanced market access for Indian products within the European Union. The apex body of...

India’s whisky earns global praise for taste, but exports struggle to keep pace

While India's whiskies are leading in taste evaluations, their global exports have not seen significant growth, hindered by various factors, including strong domestic demand. In...

Removal of non-tariff barriers in G20 nations expected to boost India’s alcoholic beverage exports, says CIABC

The Confederation of Indian Alcoholic Beverage Companies (CIABC) asserted on Tuesday that the elimination of non-tariff obstacles in G20 nations, such as the minimum...

India considers ‘reference price’ to curb under-invoicing of imported alcohol

As the negotiations for a free-trade agreement (FTA) between India and Rishi Sunak's government progress, talks have commenced regarding measures to combat the issue...

Indian liquor industry witnesses 14% growth in sales volume in FY23, premium segment priced over INR 1,000 surges by 48%

According to the industry body CIABC, sales of Indian-made foreign liquor (IMFL) experienced a 14 percent increase in volume, reaching 385 million cases in...

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