Trendinginfo.blog > Business > Festive cheer fuels premium push as alcobev cos bet big on launches, growth | Industry News

Festive cheer fuels premium push as alcobev cos bet big on launches, growth | Industry News

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Radico Khaitan continues to see sentiment remain upbeat in the third quarter as well, which is traditionally its strongest quarter. (Photo: AdobeStock)


As India dances through its biggest drinking season, from Diwali and Christmas to year-end celebrations, alcobev companies are entering the festive quarter with strong growth expectations, backed by premiumisation, new launches and buoyant consumer sentiment.

 


For Pernod Ricard India, this is a continuation of the festival season and the year-end festivities make for good business. The maker of Absolut vodka and Jameson Irish whisky launched Seagram’s Xclamat!on earlier this month, which brings five premium spirits — whisky, vodka, gin, rum and brandy — under one brand at a uniform price point.

 


“We are bringing this right in time for the

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