Piccadily Agro to invest Rs 1,000 cr to expand, open distillery in Scotland

Q: How long will it take to read this news story?

The story "Piccadily Agro to invest Rs 1,000 cr to expand, open distillery in Scotland" has 572 words across 18 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Piccadily Agro to invest Rs 1,000 cr to expand, open distillery in Scotland" was covered 16 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 256 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23574166</li><li>URL: https://beamstart.com/news/piccadily-agro-to-invest-rs-17315197059414</li></ul>

Business Standard Logo Business Standard 16h ago

Piccadily Agro to invest Rs 1,000 cr to expand, open distillery in Scotland - Business Standard

Quick Summary:

Piccadily Agro, maker of Indri Single malt whisky and Camikara rum, on Wednesday said it will invest Rs 1,000 crore to expand existing facility and open new plants, including a distillery in Scotland, to widen its play in the premium segment.

Piccadily Agro Industries Limited (PAIL), which announced to raise Rs 312 crore to fund its growth plans, looks to expand its distillery and malt facilities at Indri, Haryana and set up a new facility at Mahasamund, Chhattisgarh.

Piccadily Agro Industries Limited (PAIL) will also open its first international distillery at Portavadie, Scotland, to bolster its premium spirits production, according to a company statement.