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Pernod Ricard aims to triple net sales in India by next decade

French Spirits maker Pernod Ricard expects a threefold jump in its sales in the Indian market by next decade, led by macroeconomic tailwinds, favourable demographic dividend and growing premiumisation in IMFL and imported brands here. According to Pernod Ricard India MD Jean Touboul, the Indian market, currently ranked at number two globally, has the potential to become a leader in the next 10-15 years, replacing the US market, for the company. ....

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UK-India FTA will increase investments: Chivas Brothers

Chivas Brothers, a leading Scotch whiskey manufacturer, expects the proposed free trade agreement between the UK and India to create a fair and level playing field for liquor companies. The tax on Scotch whiskey imported from the UK to India is around 150%, while Indian whiskey brands sold in the UK have zero tariffs. ....

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