Vietnam ‘to raise alcohol-consumption tax to 100% by 2030’
Just Drinks
JUNE 17, 2024
The Vietnamese government is reportedly mooting raising a consumption tax on alcoholic beverages to 100% by 2030.
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Championing Change Making Big Impact
Spiritz
APRIL 21, 2024
As such, the company’s environmental, social and governance (ESG) strategy has been structured with objectives that will eventually bear fruit in phases till the year 2030. Promoting Positive Drinking Championing positive drinking is a core pillar of the Society 2030 ESG action plan. per cent to 33 percent by 2025,” informs Navdeep.
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Diageo India exceeds its water replenishment target
Spiritz
NOVEMBER 20, 2024
The company has set a target of reaching 100 percent renewable energy status till 2030. Diageo India has also been championing responsible drinking by encouraging moderation and addressing the harmful use of alcohol through focused interventions to curb underage drinking, drunk driving and binge drinking. In FY24, over 1.9
Indians fuelling a Rapid Surge in GTR
Spiritz
MAY 29, 2024
And all this is translating into a big surge in global travel retail, especially when it comes to buying alcoholic beverages. Mandeep believes that India's growing middle class, with increased disposable income, is driving a surge in demand for premium alcoholic beverages. Their focus often lies in seeking out exclusive products.
Diageo and APEDA flag off Godawan to the UK
Spiritz
SEPTEMBER 4, 2024
In a significant development showcasing public-private partnership in India's alcoholic beverages sector, Agricultural and Processed Food Products Export Development Authority (APEDA) and Diageo flag off the first batch of an artisanal single malt whisky from Diageo, named Godawan, to the UK.
Premium & Beyond. Cheers to India's Whisky Market !
Spiritz
SEPTEMBER 11, 2024
During the forecast period between 2024 and 2030, the size of India’s whisky market is projected to grow at a CAGR of 4.61 billion USD by 2030. The report further states that the major growth drivers for the India’s whisky market include increasing urbanisation and rising alcohol consumption.
New York Extends Cocktails To-go Law
Cheers
APRIL 26, 2024
Alcohol producers and on-premise accounts supported the decision. 1, 2028), New Jersey (TBD), New York (expires April 9, 2030) and Vermont (expires July 1, 2025) passed legislation to allow cocktails to-go on a temporary basis. 31, 2026), Colorado (expires July 1, 2025), Illinois (expires Aug.
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