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Wine, spirits importers urge states for inflation-linked pricing policy | News

Business Standard

[ad_1] International Spirits & Wines Association of India (ISWAI) CEO Nita Kapoor Premium spirits and wine importers’ body ISWAI has urged state governments to implement an inflation-based pricing model, highlighting that industry margins have shrunk due to a rise in raw material costs. As the cost of raw materials used to produce alcohol … Read more

Pernod Ricard’s H1FY24 sales in Indian mkt up 4%, expects high growth in H2 | Company News

Business Standard

[ad_1] French spirit maker Pernod Ricard has reported a 4 per growth in sales in the Indian market during the first half of the current financial year. The company, which follows July to June fiscal year, has witnessed a “strong market demand for spirits” in India, according to the latest earnings statement from … Read more