Search results
Results From The WOW.Com Content Network
Manjushree was founded by Vimal Kedia and Surendra Kedia in 1983. They were joined by second generation family members, Rajat and Ankit Kedia. The company operates in the rigid packaging segment, serving FMCG industry verticals including dairy, liquor, food products, agrochemicals, pharma, home care, and personal care.
Research by a Kochi-based think tank had suggested liberalization of India's liquor industry to facilitate entry of foreign players, considering the growth of sales in imported spirits across the country. According to think tank CPPR, the liquor market in India is the third largest and fastest growing one in the world.
The first plant was a liquor blending and bottling unit, specializing in Indian Made Foreign Liquor (IMFL). [ 1 ] [ 17 ] The current main distillery was built in 1987. [ 18 ] It is located on a 4-acre (1.6 ha) site [ 6 ] in Kambipura on Mysore Road , [ 19 ] roughly 20 kilometres from Bangalore.
Radico Khaitan Ltd. was established as Rampur Distillery & Chemical Company Ltd. in 1943 at Rampur, Uttar Pradesh.The distillery in Rampur initially produced extra neutral alcohol (ENA) and supplied bulk alcohol for several liquor companies [8] [9] [10] such as Shaw Wallace, Mohan Meakin and the United Breweries Group.
In 2014, Allied Blenders & Distillers acquired 50% ownership rights in Dutch liquor major Herman Jansen's Mansion House brandy and Savoy Club whiskey. [15] In 2015, ABD acquired Shasta Biofuels, a Telangana-based integrated grain spirit distillery for Rs. 200 crore. [16] In May 2017, Officer's Choice Blue was launched in Nepal. [17]
Diageo acquired an additional 21.77 million shares at a cost of ₹ 1,440 (US$17) per share in an off-market deal from United Spirits' promoters, raising its holdings to 25.02 percent of the company. [ 14 ] [ 15 ] Following that purchase, Diageo held 36.3 million shares in USL, acquired at a cost of ₹ 52,358.5 million (US$600 million), [ 16 ...
United Breweries is India's largest producer of beer. [5] United Breweries now has greater than a 40% share of the Indian brewing market with 79 distilleries and bottling units around the world. In 2005, UB financed a takeover of the spirits business of the rival Shaw-Wallace company, giving it a majority share of India's spirits business. [6]
Amrut is a brand of Indian single malt whisky, manufactured by Amrut Distilleries.It is the first single malt whisky to be made in India. [1] Amrut (अमृत) or amrit is a Sanskrit word which can be translated as "nectar of the gods", [2] [3] "nectar of life", [4] or "drink of the gods". [5]