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Enriching exchange at Spiritz ThinkPad
The Indian alco-beverages industry is passing through a difficult time, though it had never been easy for it all these years. With GST set to roll out from April 2017, the industry’s woe-list is set to expand because liquor has been Read More
Judgement day for Indian wines
Ever since we embarked on the Spirtiz Awards journey three years back to acknowledge the contribution of the Wine is considered a more complex beverage as compared to spirits. The reason is that thousands of grape varietals and a multitude Read More
‘Mitigate GST impact with premiumization, value engineering’
Raju Vaziraney, President, SOM Distilleries & Breweries Limited GST is going to erode the bottom line of liquor companies. Listed companies like ours will be there but we will have no bottom line. We will not be able to make Read More
‘GST to devour tax setoff of liquor industry’
Dr. Sanjiv Agarwal, Managing Partner, Agarwal Sanjiv & Company Chartered Accountants, Jaipur The liquor industry is a highly regulated and heavily taxed industry. But it has a good market share. While alcoholic beverages represent 25% of the F&B market in Read More
What does it mean for the alco-beverage industry to be out of GST?
‘Alcohol going to be taxed more’ I P Suresh Menon – Adviser-Tax & Regulatory Affairs at USL (Chairperson of the session) It is generally believed that GST is going to be good for the country. True, there is no doubt Read More
Make in India – Does this slogan match the policies?
‘Make in India a great initiative’ Sumedh Singh Mandla, CEO, Grover Zampa Vineyards Ltd (Chairperson of the session) Make in India is the current government’s flagship initiative, launched by Prime Minister Narendra Modi in September 2014. The idea was to Read More
Power-packed food pairing lunch with Chandon wines
Rohan Jalckie, Brand Ambassador, Chandon India introduced guests to fine Chandon wines while conducting a food-pairing lunch with Chandon, which was organized by Moët Hennessy India along with Spiritz as part of SPIRITZ 2016 at the Leela Ambience Gurgaon Hotel Read More
‘New-age consumer will keep drinking beer’
Rahul Singh, Founder and CEO , The Beer Cafe When you say change is the only constant, my views are slightly contrarian. Yes change is the only constant. But sometimes some things are left the way they are. And, I Read More
Beer, wine, RTDs set for high growth’
Ashwin Balivada, Executive Director, Cheers Group India’s alco-beverage industry is growing at 8-10% CAGR. The growth is more in the premium segment, where it is 20-30% CAGR. The economy segment has recorded a low growth probably because of rising prices Read More