Vinod Babu G appointed CEO of MOUNT EVEREST BREWERIES LIMITED

𝐂𝐚𝐫𝐥𝐬𝐛𝐞𝐫𝐠 𝐜𝐨𝐦𝐦𝐢𝐭𝐬 𝐭𝐨 𝐢𝐧𝐯𝐞𝐬𝐭 𝐑𝐬 1,250 𝐜𝐫 𝐢𝐧 𝐟𝐨𝐨𝐝 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐬𝐞𝐜𝐭𝐨𝐫 Brewing company #Carlsberg has committed to invest Rs 1,250 crore in the food processing sector in India, which is a "priority growth market" for the Danish group. India is a priority growth market for Carlsberg Group, said its India Managing Director Nilesh Patel. Carlsberg Group | Nilesh Patel Click on the link below to know more.... https://lnkd.in/gBdfnq6f #RetailNews #RetailTrends #RetailSector #RetailIndustry #Retailing #RetailResults #RetailUpdates #BusinessNews #RetailGrowth #RetailSectorNews #RetailIndia #RetailBusiness #IndiaRetail #IR

🚀 From Craft Beer King to Crisis Point: The Bira 91 Saga Unpacked! 🍺 Ankur Jain's Bira 91 burst onto the Indian scene, disrupting a stagnant market with its smooth craft beer and vibrant branding. It was a story of audacious vision – launching India's "first craft beer" by brewing in Belgium, then rapidly scaling to become a ₹840 crore darling, backed by giants like Kirin Holdings and Peak XV Partners. But behind the bubbly success, a storm was brewing. Recent reports reveal Bira 91's auditors "cast significant doubt about the group’s ability to continue as a going concern," flagging ₹740 crore in losses and negative cash flow. What went wrong? Many point to a seemingly innocuous name change from "B9 Beverages Private Limited" to "B9 Beverages Limited." This triggered a bureaucratic nightmare, stalling sales in key markets like Delhi and Andhra Pradesh for months, leading to a massive drop in revenue. However, a deeper dive suggests the cracks appeared earlier: Taste Shift: Moving brewing from Belgium to India altered the original flavour profile. Operational Hurdles: Leasing a third-party brewery and managing an entire supply chain shift proved challenging and costly. Spending Spree: Lavish promotions, like ICC sponsorships, in an industry with wafer-thin margins, ate into capital. Rookie Mistakes? The name change saga raises questions about legal counsel and strategic planning. Governance Concerns: Employee petitions have highlighted "corporate governance failures" and a lack of transparency, adding another layer to the company's woes. Now, with employees demanding leadership changes and a crucial BlackRock investment reportedly off the table, Bira 91 faces its toughest challenge yet. Can it reset, rebuild trust, and reclaim its glory in an increasingly crowded craft beer market? This isn't just about capital; it's about a complete strategic overhaul and regaining consumer confidence. What are your thoughts on Bira 91's future? Share your insights! #Bira91 #CraftBeer #StartupStory #BusinessLessons #India #AnkurJain #BeerIndustry #CorporateGovernance #BusinessCrisis #Leadership #Transparency

The Coca-Cola Company Maintains Annual #Targets as India Volumes #Decline in Monsoon Quarter #CocaCola’s India business faced a #slowdown in the July–September quarter as prolonged #monsoon rains weakened #demand for its summer-focused beverage #portfolio. Despite the temporary #setback, the Atlanta-based beverage giant remains confident about India’s long-term #growth potential, according to chairman and CEO #JamesQuincey. Ashu Agrawal | The Coca-Cola Company #CocaCola #Portfolio #Growth #Demand

Bira Story so far Ankur Jain the founder of Bira 91 traveled to Belgium, one of the world’s beer capitals, and started brewing—crafting something nobody else was offering in India during 2015. Bira’s smooth, flavourful, and fun beer quickly won over urban India. It wasn’t just a drink, it was a statement. Early success saw Bira’s production shift to India, and big-name investors poured nearly $450 million into the company. But when you grow fast, challenges move even faster. A simple name change—needed to comply with shareholder limits—unleashed a six-month licensing nightmare, stalling sales in key states (Delhi & Andhra Pradesh accounting for approximately 40 to 50 % of revenue) and dragging the business down. Sales and revenues slumped; Rising competition and changing consumer habits made survival tougher. Liabilities increase more than asset. Big investors withdrew there money making a financial crunch. Basically the root cause is regulatory compliance regarding a Beer company stalled the sales and in beer industry customers quickly moved to other brands. Let see if Bira can make a comeback, only time will tell. #StartupStories #CraftBeer #Leadership #BusinessLessons

United Breweries in Focus After Heineken Reports Q3 India Volume Dip Shares of United Breweries (UB) are likely to attract attention after Heineken NV, UB’s parent company, reported a mid-single-digit decline in beer volumes in India for the September quarter, even as net revenue grew in the same range. The growth was supported by strong pricing, improved portfolio mix, and premium brands such as Kingfisher Ultra Max and Amstel Grande. Heineken cited an unusually strong monsoon season during July and August as a key factor affecting consumption in India. However, the impact was partially offset through price hikes in key states and a favourable product mix. “In India, organic net revenue grew by a mid-single-digit, while beer volume fell by a mid-single-digit, impacted by an unusually strong monsoon season. We outperformed the market. Price-mix expanded by a high single digit, supported by pricing in key states and portfolio mix,” the company said in its earnings statement. United Breweries Ltd. | The HEINEKEN Company NV Read more: https://lnkd.in/dyq9-zVx #UnitedBreweries #HeinekenIndia #BeerMarket #KingfisherUltra #AmstelGrande #BeverageIndustry #IndiaBusiness #MarketUpdate #ConsumerTrends #BreweryNews #FMCGIndia #BusinessGrowth

When Ankur Jain launched Bira 91 in 2015, he had zero experience in the alcohol business, but a bold idea: to brew a beer that didn’t taste like the usual bitter lagers dominating India. In just a year, sales jumped from 1.5 lakh to 7 lakh cases, and investors like Kirin Holdings and Peak XV Partners poured in nearly $450 million. By 2023, Bira was a ₹840 crore brand, India’s favourite craft beer. Then came the hangover. A simple name change from “B9 Beverages Pvt Ltd” to “B9 Beverages Ltd” triggered months of regulatory chaos, stalling sales across key states like Delhi and Andhra Pradesh, which made up 40% of its business. Revenues plunged, losses hit ₹740 crore, and employees demanded leadership change. But Bira’s troubles go deeper, from shifting brewing from Belgium to India (changing the beer’s taste) to overspending on promotions and neglecting governance. Now, the company is fighting to fix its finances, rebuild trust, and raise fresh capital. Bira’s story is a reminder, that bold ideas can build brands, but only discipline, planning, and governance sustain them.

Carlsberg plans to invest ₹400 crore in its Dhanekhali brewery, focusing on expansion and local job creation. #CareerTips #ProfessionalDevelopment #CareerGrowth #CareerAhead

The HEINEKEN Company’s India Business Weathers #Monsoon-Led Slump; Premium Segment Drives #Revenue Growth Shares of United Breweries Ltd. are likely to #attract investor attention following #Heineken NV’s latest India performance update. The Dutch #brewing giant reported a mid-single-digit #decline in beer volumes for the September #quarter, even as net revenue rose in a similar range, underpinned by #strategic price increases and a #strengthened product mix. The robust growth of #premium offerings, including #Kingfisher Ultra Max and the recently #launched Amstel Grande, helped offset #challenges posed by an unusually heavy #monsoon season. Ashu Agrawal | The HEINEKEN Company | United Breweries Ltd #Heineken #Revenue #Strategic #Growth

Carlsberg Group is set to invest ₹1,250 crore over the next three years as part of its strategic expansion in India’s fast-growing beer market. The investment, agreed under a memorandum of understanding with the Ministry of Food Processing Industries, will enhance the company’s manufacturing footprint across key states. This move signals Carlsberg’s intent to deepen its commitment to India, targeting increased production capacities and improved distribution to capture a larger share of consumer demand. The expansion is aligned with rising beer consumption, evolving regulatory frameworks, and consumer preferences leaning toward premiumization. #CarlsbergIndia #BeerMarket #BreweryExpansion #ManufacturingInvestments #AlcoholBeverageIndustry #MoU #IndianBeer #GrowthStrategy #ConsumerGoods #MarketExpansion #cxolanes

Sapphire Foods Hits Pause on Pizza Hut Growth Strategy Amid Sales Dip Sapphire Foods India Ltd., which operates Pizza Hut in several parts of the country, has paused opening new outlets, choosing instead to focus on turning around performance at existing stores. Sanjay Purohit, Whole-Time Director & Group CEO of Sapphire Foods, Prabhat Dixit, Rajesh Rao. N, Rupam Mehdiratta, Shashank Deva, Sapphire Foods Read more: https://lnkd.in/gZ2itBC5 #SapphireFoods #PizzaHutIndia #FandBIndustry #RestaurantNews #BusinessStrategy #QSR #FoodService #FranchiseIndia #EntrepreneurIndia #MarketUpdate #RestaurantBusiness #GrowthStrategy #BusinessNews #FoodIndustry #RetailNews