indian gin market

It changed how it taxes alcohol, which made the 'premium' stuff cheaper — and it's supposed to be good for everyone. Is it?

Karnataka is set to revolutionize liquor taxation by directly linking excise duty to alcohol content, a first in India. Higher ABV beverages will become costlier, while lower-strength options may see price drops. This shift, aiming to reshape market dynamics, is open for public feedback before finalization.

indian gin market showcases a diverse range of innovative brands like Doja, Jin Jiji, and Mohulo, each offering unique flavor experiences. With a focus on local botanicals and award-winning creations, the Indian gin industry continues to captivate consumers globally.

India's drinking culture is undergoing a significant transformation, with consumers prioritizing experience and quality over intoxication. Bars are fuller, craft distilleries are booming, and zero-proof options are gaining traction. This shift reflects a conscious move towards moderation, intentionality, and a deeper appreciation for the craft behind beverages.

Exports of Indian spirits such as rum, whisky, brandy, gin and vodka rose to $234 million in FY24, from $184.2 million in FY23, according to commerce and industry ministry data

Shaken, not stirred. That's how James Bond takes his martini. And when it comes to the spirits, Ludhianvis show no less passion and exactitude. Whether it's the wine they swirl and sip or the single-malt they prefer as a nightcap, the lively hearts of this booming city take pride in the priceless bottles that stand tall behind those vintage mahogany cabinets. TOI salutes liquor's true connoisseurs who know their Campari from their Benedictine, and who raise the amber bar a bit higher every time they take a swig

The article reports that due to lower prices for cotton crops, many ginning units in Gujarat have closed. This has had a negative effect on the ginning sector in the state, as it is the first time that this many units have closed in January. Experts believe that this is probably the result of the farmers in Gujarat and Maharashtra not selling their cotton crops as they have in the past. This has caused the arrival of cotton crops across the country to decrease by around 15% until the end of December in Gujarat, and by 8% in Maharashtra. Cotton prices have also increased as a result, adversely affecting the competitiveness of Indian cotton in the international market.

For startups brewing craft gins and whiskeys, raising funds and waiting for licenses are the challenges that slow business down

India's spirits market is undergoing a transformation as consumers embrace premium and diverse options. Gin, whisky, tequila, rum, and flavored vodkas are gaining popularity, reflecting a shift towards experimentation and a taste for international flavors.

Indian alcohol companies are unhappy with the UK trade policies. They allege unfair trade practices. UK's norms create barriers for Indian brands. These norms impact sales. Confederation of Indian Alcoholic Beverage Companies seeks government intervention. They want fair access to the UK market. The goal is to achieve $1 billion in exports by 2030.

Volatility in cotton prices is affecting Gujarat's thriving spinning industry. With the prices of Indian cotton yarn remaining higher than global levels for most of the season, many ginning and spinning units are facing losses for the second year running.

Volatility in cotton prices is affecting Gujarat’s thriving spinning industry. With the prices of Indian cotton yarn remaining higher than global levels for most of the season, many ginning and spinning units are facing losses for the second year running.

The textile industry is hoping for a strong recovery in anticipation of a bumper cotton crop and a revival in consumer sentiment during the festival season. Analysts say Indian ginned cotton production will be more than 3.60 crore candies next season.