Beverage Firms

Sula is well placed to leverage the global consumer shift towards the low-alcohol beverage segment - beer and wine, the report stated.

Coca Cola is also being very 'open-minded' about two other India-created flavours, Maaza Aam Panna and Fanta Apple Delite

Kerala saw an all-time record-breaking liquor sale of over Rs 100 crore on New Year's eve, according to a source in the Kerala State Beverages Corporation Ltd (BEVCO). "It was an all-time record for December 31 and for any other day of the year till now," the source told PTI. On December 31, 2022, around Rs 107 crore worth of alcohol was sold from the 268 BEVCO outlets across the State, the source said. During the festive season from December 22 to December 31, alcohol worth around Rs 690 crore was sold, he said. The highest sales as on December 31 were reported from the BEVCO outlet on Powerhouse Road in Thiruvananthapuram where alcohol worth Rs 1.12 crore was sold, he said. "All BEVCO outlets, including those in high-range areas of the State, saw sales of more than Rs 10 lakh. We have never seen such sales in those areas," the source said. The reasons for the increased sales were improved logistics, availability of stock and better enforcement by the Excise Department against s

He created affordable soft drink packs of Rasna in the 1970s as an alternative to soft drink products sold at high costs

Tata Consumer Products will issue one equity share for every 22 share held in Tata Coffee to existing shareholders

Revenues from operations at Rs 425.06 crore were lower by 13.93% from the same period last year

Profit grew by 59% to 3.81 billion Indian rupees ($46.1 million) in the three months ended Sept. 30

Quincey told investors, "India had a knock-out quarter clearly they are having a very strong run this year. He also said that the company is looking to continue to invest strongly in the country.

The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity

Raw material pressures, lack of pricing power key worries for Street despite spirited volume gains

Reliance has acquired Campa Cola from Pure Drinks for Rs 22 crore, according to a source in the know

PepsiCo India has also been gaining market share in India since the start of 2022.

However, beverage companies have resorted to different measures to ensure that stocks in the supply chain are not sold with plastic straws

Pepsi's Tropicana and Dabur's Real fruit juices, along with Coca-Cola's Maaza and Parle Agro's Frooti mango drinks are among the beverages sold in the small-pack format

The change in duty structure and new tax policy of FY23 is expected to bring a much awaited relief for alcohol beverage industry. However, analysts believe barley price rise to act as a spoilsport.

Coca-Cola India is expanding its network in rural areas, which nearly contribute 38 per cent to the overall business

The Atlanta beverage giant said the fourth quarter was the first time since the pandemic that away-from-home sales volumes exceeded 2019 levels

Although there was some improvement seen in 2021, sales are still lower than 2019 levels, say industry players.

The out-of-home market typically contributes two-third of the sales of beverage companies, said experts

Bengaluru-based Cafe Coffee Day runs hundreds of coffee shops across India that brew cappuccinos and lattes for India's booming moneyed class.