ABD in talks with Russian Standard, ThaiBev for India product distribution

Quick Summary:

Allied Blenders & Distillers holds an estimated 11.

The move comes as ABD, the third-largest Indian-made foreign liquor (IMFL) company, seeks to expand its presence in the premium spirits market.

Meanwhile, the two international brands would gain a foothold in India, the world’s largest alcohol-consuming market, with the support of a well-established local partner.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Russian Standard Premium liquor in India Liquors in India ThaiBev Liquor portfolio expansion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 12:05:21 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 510 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22027299

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