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VERIFIEDET Finance·positive
Premiumisation lifts liquor companies' June quarter topline amid cost headwinds
AI Summary
- ·Premiumisation is identified as the primary growth driver for India's alcoholic beverages industry.
- ·Major spirit makers, including United Spirits and Radico Khaitan, reported high double-digit growth in their premium segments.
- ·United Breweries also experienced an increase in its premium volume during the first quarter.