Beverage Firms

Campa, Lahori Zeera double market share as Cola giants lose ground in 2025

New players like Campa and Lahori Zeera doubled their market share in Jan-Sept 2025, cutting into Coca-Cola and PepsiCo's lead

Extended rains took a toll on beverage sales in September quarter

Heavy rainfall and an extended monsoon dragged down beverage sales for Coca-Cola, PepsiCo, Varun Beverages, and Dabur during the September quarter as consumer demand softened

AlchoBev expects up to 20% growth in Q3 riding on bullish festive sales

The alcoholic beverage industry is on a high, with nearly double-digit growth in festive season sales, and now expects an upswing of around 20 per cent in the October-December period, driven by the premium spirits category. The industry witnessed a spike in sales across categories, whether it's IMFL or Scotch in the whisky segment, or rum or white spirits such as vodka, white rum, gin and tequila in the almost one-and-a-half-month festive season, which is now in its conclusion. This festive season, the industry has witnessed higher growth in the premium category, as well as in smaller tier II & III markets, alongside the developed markets. We have witnessed a highly encouraging festive season, with strong uptake across our premium and luxury portfolio. The festive months continue to be a key consumption period in India, and this year's performance has reaffirmed the growing consumer preference for premium and thoughtfully crafted spirits, Radico Khaitan Chief Operating Officer ...

PepsiCo flags rising competition, slower growth in India beverage market

PepsiCo CEO Ramon Laguarta says weather and intensified competition have slowed India's beverage growth, though foods category remains resilient

Medusa Beverages projects ₹250 cr FY26 revenue, 4% beer share by 2030

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

India continues to be a market with long-term potential: Coca-Cola COO

Coca-Cola COO Henrique Braun said India remains a long-term growth market with expanding consumer base, rising drink frequency and steady capacity investments

Uppal Group commits Rs 100 cr working capital to premium alcobev push

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

Drop carbonated drinks from sin goods category: beverage industry to govt

Currently, aerated beverages are classified as sin/demerit goods, leading to 40 per cent taxation (28 per cent GST and an additional 12 per cent compensation cess).

Coca-Cola, Bhartiya family likely to consider listing HCCB in India

Coca-Cola and the Bhartiya family may look to list Hindustan Coca-Cola Beverages (HCCB) in India, with the Bhartiya family set to become the controlling shareholder

India beverage dip weighs on PepsiCo Q2, global growth stays firm

PepsiCo reports beverage sales decline in India for Q2 due to early rains impacting FMCG demand; global growth buoyed by no sugar drinks and food volume gains

India market in a good place: PepsiCo chairman & CEO Ramon Laguarta

International business reports 11% revenue growth

Fizz is back in Varun Beverages stock as launches, summer boost outlook

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

MCKT Beverages launches Nepal's Khukri Rum in India, sets expansion plan

MCKT Beverages aims to sell 20,000 cases of the premium drink by FY26

Carlsberg India FY24 sales cross Rs 8K cr, profit up 60.5% to Rs 323 cr

Leading brewer Carlsberg India has seen its profit jump 60.5 per cent to Rs 323.1 crore in FY'24, according to RoC filing by the company. The total income of Carlsberg India was up 15.2 per cent at Rs 8,044.9 crore for the financial year ended March 31, 2024, according to the financial data accessed through business intelligence platform Tofler. This is the highest revenue for Carlsberg in India, crossing the milestone of Rs 8,000 crore, reaching nearly USD one billion from sales. "During the financial year 2023-24, profit amounting to Rs 323 crore under the standalone financial statement has been carried forward to 'Reserve and Surplus' including other comprehensive income in the balance sheet," the company said. The company, while informing its state of affairs, said the beer industry continued to post healthy growth in volumes. "Cash and bank balances increased from Rs 9,304 million to Rs 11,165 million with strong business performance, better trade working capital and lower .

Decoded: Why beverage giants are pushing against govt's new PET bottle rule

Beverage manufacturers in India cites capacity constraints in recycling plastic waste and cost impact ahead of peak summer demand, as govt sets April 1 deadline for the use of 30 per cent rPET bottles

PepsiCo records double-digit organic revenue growth in India in 2024

India posted a double-digit volume growth in both the convenient foods category and the beverages category

Bubbling with potential: John Murphy's plan to scale Coca-Cola in India

He further said that the company has to stay on its toes, adapt, and ensure it is investing in capabilities needed to win

HC refuses to quash 14-yr-old adulteration case against Hindustan Coca-Cola

Criminal proceedings concerning 2001 allegations of adulterated beverages to move forward

Coca-Cola may cut prices to face competition from Reliance's Campa Cola

Coca-Cola's price cut comes amid rival Campa Cola's aggressive expansion and lower pricing. The Reliance-backed brand's price strategy has pushed rival brands to adjust their strategies

China Resources Beverage files for $649 mn Hong Kong IPO, largest in city

China Resources Beverage's Hong Kong IPO is set to be larger than tea drinks firm Sichuan Baicha Baidao Industrial's $330 million raising in April