Edrington aims 10% share of Indian scotch market in 3 years

Image
Press Trust of India New Delhi
Last Updated : Aug 28 2014 | 6:25 PM IST
Glasgow-based spirit maker Edrington is aiming to have 10 per cent of the Indian scotch market in next three years.
"We are aiming to have 10 per cent of the scotch whiskey market in India. We are growing 10 per cent per annum," said Edrington Area Director India David M Pattison.
The company had sold 2.9 million cases of scotch whiskey here in 2013.
Aiming to tab the growing liquor segment, Edrington today announced a 50:50 joint venture with Gurgaon-based Kyndal group named as Edrington Kyndal to market its blended scotch whiskey 'Cutty Sark'.
India would be the first destination outside Scotland, where Cutty Sark would be bottled. It will be imported in bulk from Scotland and would be bottled at Kyndal's Goa facility.
Cutty Sark would also help Kyndal group, a Rs 300 crore company, to enter and expand its market in North India, said Kyndal group Managing Director Siddharth Banerji.
"With Cutty Sark, we are expecting to enter into the whiskey market of the North India. Till now we were present in Southern states of Tamil Nadu, Kerala, Andhra Pradesh and Karnaraka," he said.
Cutty Sark would be available at Rs 1,400 for 750 ml bottle in Delhi.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 28 2014 | 6:25 PM IST

Next Story