gin market in india

Nod for 47 Licences Sparks Corruption Charges

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.

Around 70 per cent ginning units of the region have shut operations due to lack of availability of raw cotton in spot markets as farmers cleared most of their stocks in early harvesting season.

Gin sales are small in India — 2 million cases (of 9 litres each) — compared to even rum (42 million) and vodka (10 million). But imported or premium gins are steadily gaining acceptance among new age drinkers, who are exposed to global trends and like to experiment. Imports touched 50,000 cases this year, up from 20,000 five years ago, as per the latest 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 Cotton Corporation of India (CCI) has launched an investigation into allegations about irregularities in purchase of cotton from farmers.

Cotton farmers in Telangana are resorting to distress sale as Cotton Corporation of India (CCI) has failed to expedite the purchase of cotton at the market yards. Farmers are selling a quintal of cotton for Rs 3,000 to ginning mills, traders and touts at a loss of Rs 2,200.

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.

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

The minimum support price (MSP) of cotton varieties is based on the staple (fibre) length, fineness, and moisture content. However, experts feel the fibre or lint content should also be considered as an equally important factor.

BANGALORE: UK-based Allied Domecq, the world's second largest spirits company, is looking at introducing two of its leading products, Ballantine's premium whisky and Beefeater gin, into the Indian open market. Currently it is available in select duty free outlets.

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.

BANGALORE: The world's leading scotch, Johnnie Walker, will be available in all the Indian metros in the open market by December. The legendary scotch which tested waters in Mumbai early last month will be introduced in Delhi, Kolkata and Bangalore open markets before the end of this year.