Abhishek Khaitan, a third-generation liquor baron from India, transformed his family's distillery business into a billion-dollar enterprise by recognizing and capitalizing on changing drinking habits in India. The journey began when a visit to Las Vegas in the early 2000s exposed him to the premium vodka market, inspiring him to...
India’s Emerging Single Malts a Force in the Industry
Sanjeev Banga, president of international business at Radico Khaitan Ltd., the parent company of Rampur Distillery, says,"The growing acceptance of Indian single malts globally bodes well for the growth of this category." India's single malt whiskey scene has undergone a significant transformation over the past 15 years, evolving from a...
Financial Times: India Now exports High Quality Whisky
India now accounts for almost one in every two bottles of whisky sold in the world. The country also recently leapfrogged France to become the world’s biggest market for Scotch according to a new article in the Financial Times of London India is also a major producer of whisky with...
Diageo's India Business Center May Serve 70 Global Markets
Diageo Enterprise Operations, which provides U.K.-based liquor company Diageo, its customers and suppliers with shared business functions, is located in India's southern city of Bangalore. The center will offer new services in the technical IT area – including data, analytics and technology and it will also establish “a robotics center of...
Rising Optimism for Doing Business in India
The environment for foreign investments in India started improving a short time before Narendra Modi was elected prime minister on a business-friendly reform agenda in May 2014. United Arab Emirates’ Etihad Airwas acquired a stake in India’s largest corporate carrier, Jet Airways. As a result of this deal, the U.A.E....
Johnnie Walker Scotch Seeks 10% in India
As a result of the partnership with the largest spirits company in India, Diageo, the maker of Johnnie Walker Scotch and Smirnoff vodka is aiming to derive about ten per cent of its total business from the country according to Diageo’s Chief Executive Ivan Menezes. Diageo, the world’s largest distiller...