What’s brewing in Alcohol Industry?

India’s alcohol industry is believed to be worth $35 billion, being third largest in the world. There have been several structural changes in the society which is driving the demand of booze. Indians drink on an average around 5.9 litres per year as compared to global average of 6.5 litres per year. Some of them […]

What’s wrong with ITC?

Despite economic slowdown and weakness in consumption, ITC’s Q2FY20 results showed decent growth in profits. The company’s diversified operations across non-cyclical sectors, a resilient business model, a strong brand leadership position in the cigarette business, product innovation track record & premiumization drive are key positives. Recently ITC  launched limited edition chocolate “Trinity Truffles” prior to festive […]