Piccadily Agro Industries (PAIL), known for making Indri single malt whisky and Camikara rum, is planning several major expansion projects, including a new distillery in Scotland. The distillery will be built on a 58-acre site in Portavadie, and it has already received approval from the UK government, according to a filing by PAIL.
This Scottish distillery is a significant move for PAIL, marking the first time any Indian alcoholic beverage company has taken such a step. The new distillery will help establish Piccadily as a key player in the global spirits market by producing high-quality Scotch-style malts and further strengthening India’s presence in the premium whisky industry.
While the company has yet to confirm the exact timeline for the Scotland project, it is expanding its production capabilities in India as well. In Haryana, PAIL is increasing capacity at its Indri facility, and it is also building a new plant in Chhattisgarh.
PAIL expects to complete these projects within the next two years. The expansion in Haryana will increase the distillery’s daily output to 250 kilolitres, and its warehousing will grow to hold over 100,000 barrels. The Chhattisgarh plant will produce 210 kilolitres per day, including ethanol and malt spirits.
Siddhartha Sharma, the company’s promoter, emphasized that these expansions are aimed at reshaping the future of premium Indian spirits on the global stage, increasing PAIL’s total production capacity to 460 kilolitres per day. This will help meet the growing demand for both Indian and international markets.
In addition to securing Rs 2.62 billion through a preferential allotment of shares, the company’s promoters have also invested Rs 5 billion, with the remaining funds to be raised from internal resources and debt.
