1. Pernod Ricard now India's biggest alcohol firm: MD Jean Touboul.
- Subjects
CONSUMPTION (Economics) ,PRICES ,ORGANIZATIONAL performance ,FISCAL year ,CONSUMERS - Abstract
Pernod Ricard, a leading alcohol company in India, has become the country's largest alcohol firm, surpassing Diageo in revenue. This growth is attributed to higher sales of their scotch brand 100 Pipers, as well as Indian-made foreign liquor brands Blenders Pride and Royal Stag. Despite consumer pressures and high inflation, India has remained resilient, as evidenced by Pernod Ricard's business performance. In other news, tea production in India has declined significantly due to insufficient rainfall and excessive heat, leading to a potential increase in tea prices. The industry is seeking fiscal incentives from the government to address this issue. [Extracted from the article]
- Published
- 2024