Beer shipped from China’s coast to Tibet by train

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For the first time, a cargo train loaded with over 1,000 tonnes of beer of a major Chinese brand has left for Lhasa, capital of China’s Tibet Autonomous Region ahead of a major festival, the state media reported. (more…)

India. Wilful defaulters case…UB, Mallya seek legal representation

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United Breweries (Holdings) Ltd. and its Chairman Vijay Mallya on Friday approached the Delhi High Court, seeking legal representation at a hearing before a State Bank of India (SBI) panel where they would need to explain why they should not be declared wilful defaulters, reports a business daily. (more…)

Why British beer is huge in China

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If imitation is a sure sign of popularity, David Cameron must wish he was Xi Jinping. When cameras filmed the Chinese leader enjoying a pint of Greene King IPA beer with the British prime minister during his state visit to the UK in October, consumers back home rushed out to do the same. (more…)

India. Select FMCG shares trade weak; HUL, Dabur, Colgate hit 52-week low

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Shares of fast moving consumer goods (FMCG) companies were trading lower in an otherwise firm market with prominent stocks like Hindustan Unilever (HUL), Dabur India, Colgate-Palmolive (India) and United Breweries from the index hit their respective 52-week lows on the BSE in intra-day trade. (more…)

India. Pint-sized businesses

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“If you’re a foodie you don’t just go to Mc Donald’s. And if you’re a beer lover you don’t just drink industrial lagers, you come to us. We are seeing people demand variety, like in the US,” says Greg Kroitzsh, MD, Barking Deer, a Lower Parel pub. Pankil Shah, a director of Neighbourhood Hospitality, which owns Woodside Inn, which has branches in Colaba and Oshiwara, says that now that craft beer is on par with the big labels in terms of pricing, “We have a lot of repeat customers who come back for the taste of craft.” (more…)

China. Shares tank on weak sales report

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China Resources Beer (Holdings) fell sharply here during Thursday trading as China’s largest brewer reported dismal sales numbers for the latter half of 2015. (more…)