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VERIFIEDMint Industry·neutral
Liquor makers double down on luxury as India's affluent drinkers trade up
AI Summary
- ·Liquor companies are focusing on the luxury segment due to slowing growth in the broader market.
- ·Companies like Diageo India and Radico Khaitan are targeting affluent consumers.
- ·The strategy involves promoting premium whiskies, tequila, and imported wines.