SABMiller India, the country’s second largest beer company, expects to book profits in the current fiscal after two years of successive losses. It also hopes to increase market share in profitable states and grow in Andhra Pradesh, the largest beer market in India. (more…)
United Breweries Ltd has announced that the Board of Directors of the Company at its meeting held on March 11. 2011, have considered and approved the amalgamation of Chennai Breweries Private Limited (CBPL) into United Breweries Limited (UBL). (more…)
United Breweries Ltd, the market leader in India’s beer industry, is planning to increase its area under cultivation of barley — the main agri-commodity in brewing beer. (more…)
United Breweries Ltd, with 53 per cent of the Indian beer market, has seen sound demand in the third quarter of the current financial year. Of the 230 million cases of beer sold in the country annually, 130 million cases are from UB. It is to introduce Heineken beer in the latter part of 2011. Kalyan Ganguly, managing director, discusses growth and challenges with Raghuvir Badrinath and Debasis Mohapatra. (more…)
UK-based beer major SABMiller today said it will set up a new brewery Karnataka by 2013 as it expects its sales to double in the next five years. (more…)
Vijay Mallya-controlled United Breweries Ltd said its net profit rose by 40.26 per cent to Rs 29.82 crore in the third quarter ended December 31, 2010, over the corresponding period a year ago. (more…)
The India story is not as good as the beer for SABMiller. The London-listed beer giant, which often carries the tag of being the world’s most aggressive brewer, has seen its market share drop to little above 20%, down from 35% in three years. The company, with a portfolio of blockbuster beers such as Foster’s, Royal Challenge Premium Lager and Haywards 5000, has struggled to hold on to its one-fifth share during the third quarter ended December in the current financial year. (more…)
