Indian alcoholic beverage industry is expexted to reach $64 billion over the next five years with a growing rate of 6.54% between 2023-27. This is due to the rising incomes, urbanisation, increased acess, premiumisation and younger consumers, according to a report by International Spirits and Wines Assocation of India - Iswai.

the alcolic beverage sector accounts for 2% of India's nominal Gdp and generates employment to over 80000 people, in related sectors such as agricolture, F&B, retail and hospitality.

Nita Kapoor, chief executive of the Iswai, said: " the alcohol industry holds a vital position within the national economy, presenting opportunities for growth, job creation adn revenue generation. As we look to the future, the importance of the alcohol industry in India is poised to expand. Therefore, it is crucial to simplify its operational complexities, enhance its Ease of Doing Business and unlock its full potential for growth".

More information here: Indian Alcobev Industry: Indian alcoholic beverage industry may reach $64 billion over the next 5 years, ET Retail (indiatimes.com)

Chilean scientists turn wine and beer residues into healthy foods

20-02-2024 | News

Chilean scientists Carmen Soto and Lida Fuentes are conducting innovative...

Success for Oiv's ampelography course in Chile

29-01-2024 | News

From December 4 to 8, 2023, the 3rd edition of...

Studio impatto delle filiere Federvini

24-01-2024 | Studi e Ricerche

Dalle Filiere Federvini più di 20 miliardi di valore aggiunto...

Liv-ex: ancora molta pressione sui prezzi, Champagne in cima agli scambi

20-12-2023 | Trend

Gli champagne di prestigio hanno guidato quest'anno la lista dei...

E-commerce e alcolici, rallenta la crescita delle vendite a livello mondiale

13-12-2023 | Studi e Ricerche

Cresce a rilento il settore dell'e-commerce degli alcolici, che rispetto...

U.s. urge to cancel Eu proposal for 50% tariffs on whiskey

12-12-2023 | News

Us and European trade negotiators met on 19 October, but...

Federvini

   Via Mentana 2/B, 00185 Roma
+39.06.49.41.630
+39.06.44.69.421
+39.06.49.41.566
redazione@federvini.it
www.federvini.it
   C.F. 01719400580

Condividi

Newsletter

Iscriviti alla newsletter per ricevere le news del portale Federvini.

Follow us

  

Please publish modules in offcanvas position.