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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.
A significant part of this liquor demand is met by domestic production. However, the market operates under the strict regulatory framework of the government and this has led to corruption, cronyism, exorbitant prices, black-marketing and public health concerns, thereby affecting the liquor quality. [3]
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.
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.
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]
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]
The company imported liquor, tobacco products, and other consumer goods into India to serve the needs of British people stationed there. [7] McDowell & Company Limited was incorporated as a company in 1898, with an initial capital of ₹ 8 lakh (equivalent to ₹ 31 crore or US$3.6 million in 2023) as 4,000 preferred shares and 4,000 common ...
The resolution arose in part out of Beam's scheme to pay a bribe to an Indian government official in exchange for approval of a license to bottle a line of products that Beam sought to market and sell in India, and related internal controls and books and records violations, which included efforts by a then-member of Beam's legal department to ...