Beverages

While detailed provisions of the agreement are awaited, the initially released agreement indicates that import tariffs will be reduced to 75% from current 150% across all EU spirits, wines categories

India bars liquor movement across state borders without permits, forcing companies to set up production in each state despite water scarcity

Quincey, who is 60 and has been CEO for nine years, will transition to executive chairman, according to the company. He is currently chairman of the company's board

Bira 91 maker's CEO Ankur Jain says proceeds from a planned asset sale will be used to clear unpaid salaries, PF dues, and revive operations amid investor disputes

PepsiCo bottler Varun Beverages enters the alcoholic drinks space via a Carlsberg partnership in Africa, even as extended monsoons keep India volumes flat in Q3CY25

Medusa Beverages projects Rs 250 cr revenue in FY26, plans Rs 150 cr fundraise, brewery expansion, South India entry, kegging rollout and possible IPO in coming years

The Indian Beverage Association has written to the Finance Ministry seeking a GST cut on aerated drinks to 18%, citing Rs 85,000 crore investment, job creation and rural demand

The liquor brand aims to have a bottling plant by the end of ongoing financial year 2026

PepsiCo India and Coca-Cola India boost volume on select packs while maintaining prices, ahead of the festive season and amid rising competition, say industry sources

Reliance Consumer Products has acquired a majority stake in Naturedge Beverages to form a JV focused on herbal-natural functional drinks, led by flagship brand Shunya

The revised tariffs will apply to both bottled-in-origin (BIO) and bulk imports

NV Group expects a 30-40% rise in domestic sales in FY26, driven by growing demand and policy stability. The company is also focusing on global expansion and plans for an IPO

A French study challenges the belief that glass bottles are safer to drink from. It found that they contain up to 50 times more microplastics than plastic or metal bottles

The key concern weighing on the stock is increased competitive intensity with the relaunch of Campa Cola by Reliance Consumer Products (RCPL) in March 2023

Coca-Cola and PepsiCo have launched ₹10 packs for their diet and light beverages, including Thums Up X Force, Coke Zero, Sprite Zero, and Pepsi No-Sugar

Reliance launches Campa Cola in the Middle East, challenging Coke and Pepsi with competitive pricing, local partnerships, and plans for further expansion into Asia and Africa

Craft beer brand Geist is targeting a same-store sales growth (SSSG) increase of 10-12 per cent

The Bhartias and the Jaipurias are already competing in the quick-service restaurant (QSR) space as both have known global brands in their portfolios

The VBL board approved the acquisition of SBC Tanzania for Rs 1,304 crore and SBC Beverages Ghana for Rs 127 crore

Currently, aerated beverages, regardless of their sugar content, attract a 28 per cent GST-the highest slab-along with a compensation cess of 12 per cent