Shares of some of the top breweries and distilleries have witnessed strong uptrend in the last one year. Analysts believe unlocking activity across the country will boost beer consumption. Although the pandemic restricted mobility, in-home consumption and premiumization increased as per a top executive at a leading alcoholic beverages firm. Beer seems to be losing…
Chocolate boxes, watches, apparel and personalized gift hampers… you may have gifted it all over the past years. If you’re searching for something shiny and new, look no further. These alcohol brands have been launched less than a few months ago and are the perfect way to celebrate your siblings this Rakhi. Here’s the list:…
PepsiCo Inc is planning to launch a Mountain Dew-branded alcoholic beverage in the United States early next year, months after Coca-Cola Co launched its first alcoholic drink in the country.Truly hard seltzer maker Boston Beer Co will develop and make the flavored malt beverage, which will be called “Hard Mtn Dew”. The drink will be…
Bihar Industry Minister Shahnawaz Hussain on Friday said the government would soon introduce new textile and leather policy and added the government has received proposals worth Rs 30000 crore for installation of Ethanol industries in the state. Mr Hussain, while talking to news persons reiterated Bihar government’s commitment towards development of the state under NDA…
[ad_1] Eyeing to get investment in the Ethanol, Assam government has come up with Ethanol Production Promotion Policy 2021. The policy offered a huge range of incentives to investors’ investing in the sector.However, incentives will be applicable to Ethanol units selling their produce to the Oil Manufacturing Companies (OMCs) The State Cabinet has approved the…
[ad_1] MUMBAI (ICIS)–India’s eastern state of Odisha has approved three ethanol projects which are expected to augment the availability of ethanol for blending with auto fuel, a state government source said on Tuesday. State-owned Indian Oil Corp (IOC) plans to set up a 500 kilolitre/day plant at Balgopalpur industrial estate in Balasore. The plant is…
[ad_1] Mr. Naveen Trivedi, Institutional Research Analyst, HDFC Securities and Mr. Varun Lohchab, Institutional Research Analyst, HDFC Securities Radico’s revenue was in line (with a beat in volumes) but the margin saw a miss. Revenue growth was at 47% YoY (HSIE 50%), with two-year CAGR at – 2% as compared to -15% posted by UNSP….
[ad_1] With a view to strengthen India’s energy security and reduce vehicular emissions, locally produced Ethanol, blended with petrol is set to make its way into people’s gas tanks. Achieving energy security and transitioning to a thriving low-carbon economy is critical for a growing nation like India. Aligning with this, Uttar Pradesh has emerged as…
[ad_1] Uttar Pradesh has emerged as the largest ethanol producing state in the country by producing a total of 58 crore litres of ethanol in 54 distilleries established across the State. A Government spokesman said that the State manufactured 58 crore litres of ethanol, a solvent that is essentially mixed with petrol for environmental purposes,…
[ad_1] “By mixing ethanol in petrol, Uttar Pradesh has been able to contribute to a saving of 75.58 million dollars of India’s forex reserve, giving a big boost to the economy in these testing times,” the spokesperson said.Blending of ethanol with petrol in Uttar Pradesh, the country’s largest producer of the bio-fuel, has reached 9.89%…