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BACARDI WILL WATCH, BUT NOT WAIT
Acquisition is Not the No.1 Agenda |
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In the last year, Bacardi Martini India has clocked
one of its best growth periods so far, in high double
digits. This has come largely on the back of all their
spirits brands, including the Breezers. The company's
President & CEO, Mahesh Madhavan, speaks to Amitabh
Joshi, on what's making Bacardi tick, as well as plans
for the future, including the acquisition agenda.
Excerpts: With the launch of Bacardi
O, an orange flavoured rum, and the iconic Eristoff
vodka last year, Bacardi further stamped its mark on a
growing Indian market which had for long been getting
high on its white rum and breezers. Added to that is a
concerted effort to push the Dewar's label into the
country's bustling Scotch whisky segment.
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MERLIN THE MAGICIAN |
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He's
a renowned mixologist and has the enviable role of being
Global Ambassador for Bombay Sapphire. Meet Merlin
Griffiths, who was in India recently on tour to unravel
the secrets of the world famous gin from the house of
Bacardi.
Excerpts: They say that the Bombay
Sapphire gin is based on a secret recipe that dates back
to 1761. It's a mix of these ingredients that create a
fascinating whole. Inside the Bombay Sapphire are ten
exotic botanical ingredients that provide a refined and
delicately balanced taste.
- Amitabh Joshi |
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RADICO KHAITAN IN HIGH SPIRITS
$75 million raised through share sale |
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Excerpts:
With a branded portfolio which includes four millionaire
brands, Radico Khaitan gave itself a further
shot-in-the-arm last month by raising $ 75 million
through a share sale to institutions. With plans to
spread its hold on the premium market, the company,
which last year introduced India's highest priced
premium brandy, is also set to launch a premium whisky
this year and will in the next three months bring in
special varietals of the world famous Carlo Rossi wines.
- Amitabh Joshi |
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FOCUS FEATURE - DRINK, BUT DON'T BE MERRY |
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Excerpts:
India's vacillation over liquor consumption was once
again brought to the fore when an ugly situation erupted
over serving of liquor at the IPL match venue at Delhi's Ferozshah Kotla Maidan.
- Amitabh Joshi |
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SPECIAL FEATURE - HOW WILL YOU HAVE YOUR ICE? |
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Excerpts:
With the advent of summer most people want to overdose
on the coolness in their drinks. Preferences increase
for sherbets and cold coffees over their 'hot'
counterparts; it is even true for alcoholic beverages
more than any other drink. Nothing can be more
unpalatable than a warm beer or a cocktail that is not
chilled just right.
- Ameeta Sharma |
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KNOW YOUR DRINKIQ WITH DIAGEO'S ALCOHOL AWARENESS
PROGRAMME |
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Excerpts:
Diageo, has embarked on an innovative, interactive
responsible drinking programme - DRINKiQ to counter the
growing abuse of alcohol. |
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BEAM GLOBAL BRINGS IT
ON |
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Events
last month highlighted the resource and prowess of Beam
Global India's showmanship in India. A high profile
vintage car rally in Delhi set the capital abuzz, and
Beam in India is showing that the increasing investment
in brand imagery is a key initiative for multinationals
which play the premium market.
Excerpts: Teacher's Origin, the premium Scotch
whisky launched in India by Beam Global Spirits & Wine,
decided that the way to bring home the message of a
vintage blend was to literally go vintage. So, during a
windy March weekend in Delhi, out came the beauties. No,
not female models (we've seen enough of them haven't
we?), but rare and precious vintage and classic cars the
likes not seen for a long time in the capital.
- Amitabh Joshi |
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INDIA WINE CONSUMPTION LEAPS 10th Largest Growth Nation,
says Vinexpo/IWSR study |
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India
has become the 10th largest growth nation for wine
consumption, in value and volume terms, for the period
2009-13, according to the Vinexpo/IWSR 2010 study. In
2008, wine consumption in India reached 1.449 million
9-litre cases, equivalent to 17.38 million bottles, an
increase of 372% compared to 2004. A report.
Excerpts: The Vinexpo/IWSR study forecasts
an increase of 1.475 million 9-litre cases in Indian
wine drinking up to 2013. |
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SOUTH INDIA
SALES SHOW GROWTH |
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AP,
Karnataka and Kerala are considered to be the bastions
for liquor sales in the country. Ambrosia presents some
data on recent monthly sales.
Excerpts: Recent figures released by the
Andhra Pradesh Liquor Corporation revealed the continued
dominance of whisky as a category in Andhra Pradesh.
Although, sales in September 2009 were lot higher than
in March 2010 perhaps on account of seasonal cyclical
sales. The Brandy category showed an increase indicating
that the category could have potential given South
India's penchant for brandy. The other categories are
rather minor ones. Rum could see some potential; perhaps
the likes of Bacardi and United Spirits rum brands could
grow the category. |
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REMEMBERING
THOMAS JEFFERSON… |
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If
there is any thing that the third president of United
States of America is remembered for, other than penning
the Declaration of Independence, it is his immense love
for wine. This year marks the 267th birth anniversary
(born on 13 April, 1743) of Thomas Jefferson.
Excerpts: The legend has left behind a
plush wine park, Monticello, Albemarle County, near
Charlottesville, Virginia, USA. After inheriting a
considerable estate from his father who was also a
successful planter and surveyor, a young and
enterprising Thomas began building Monticello in 1769,
when he was twenty-six years of age. Monticello has a
glorious history of viniculture. Owing to this place,
America grew into a wine loving country. Monticello
Claret, Monticello Octagon, Monticello Brut, Monticello
Vin Blanc, Monticello Chardonnay Reserve and Monticello
Malvasia are some of the new varieties of wines produced
in this winery. |
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SCOTCH
WHISKY DEFIES DOWNTURN: REPORT |
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Global
exports of Scotch whisky reached record levels in 2009
despite the economic downturn in some major markets,
according to annual figures released by the Scotch
Whisky Association (SWA).
Excerpts: Scotch whisky exports rose by
three per cent in value to £3.13bn, contributing £99
every second to the UK trade balance. Export volumes
increased by four per cent worldwide, with the
equivalent of 1.1bn 70cl bottles of Scotch whisky
shipped. |
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A 10 per cent cut in taxes on beer and wine
proposed in the fifth annual budget of Kerala for
2010-11 by Minister for finance of the state Dr T.M.
Thomas Isaac on March 5, has left the beer traders and
consumers in high spirits, literally.
Excerpts: As a result, the breweries all over the
country plan to rush to Kerala to launch their brands of
beer and dominate the market in a hope that the sale of
beer are likely to shoot up. Undoubtedly, the firm that
is likely to be greatly benefitted by this is Vijay
Mallya's United Breweries. Brands such as Kingfisher
Strong, Kingfisher Lager, Zingaro, Sand Piper, London
Pilsner Strong, Kalyani Strong are already favourites
among consumers of Kerala.
- M Pushpajan |
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CHINA EYES TO ENCASH ON SOPHISTICATED WINE DRINKERS |
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Excerpts:
In a bid to appeal to the sophisticated wine drinkers
who now prefer French wines, Chinese wine producers are
invading the high-end after years of producing millions
of bottles of cheap wine for supermarket shelves. |
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WINING AND DINING - FINE FLAVOURS OF IGNIS |
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Currently
Connaught Place is undergoing a big re-vamping to bring
it back to its former glory, before all the shopping
malls came up and CP used to be the most fashionable and
suave market to visit. Apart from its colonial majestic
structure the circular area of CP has always been the
focal point of foreigners who visited Delhi.
Excerpts: Eateries here include the glories
of a lost era. Be it Kwality or Gaylords, Kake Da Dhaba
or Embassy - the places here were always popular with
the faithful clientele. One such property was Volga
which has recently closed down. Right there on the first
floor above this spot is Ignis. Perched on the old world
property, here the owners have tried to give all that
Connaught place eateries were known for - value for
money food and drinks with an individualistic character.
- Ameeta Sharma |
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MELBOURNE- FOOD AND WINE FESTIVAL |
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Does
anything get Melbourne foodies as excited as the annual
food and wine festival? Probably not…Read on to know
more….
Excerpts: Melbourne the world-class food
city turned into a terrific culinary festival, drawing
local and international cooking talent. The event
included cooking classes, a street food fair, the
world's longest lunch, (which refers to the length of
the table, luckily, rather than length of time) and of
course, wine galore. From intimate gatherings on the
banks of the Murray River to wine celebrations held in
the Yarra Valley, Victoria sure can plan your dream
itinerary.
- Chef Bakshish Dean, The author is Corporat, Chef
with Litebite Foods |
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ROERO - A LAND OF
PLENTY |
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I
never cease to be amazed by the incredible diversity
that Italy unfolds travelling through its twenty regions
of wine production, each one portraying a unique wealth
of history, culture and traditions.
Excerpts: If the
northwest of Italy offers one of the most exciting wine
zones it is thanks to Piemonte. Recently I visited the
area of Roero in Piemonte, renown for its excellent
wines and outstanding local food. Far too often when one
thinks of Piemonte one focuses on the better-known areas
such as the Langhe, home to Barolo. Roero borders with
the Langhe and a small part of the Langhe actually
overlaps part of the Roero, which also produces a fine
range of Nebbiolo wines, (the grape used in Barolo,
Barbaresco and of course, the newer Roero docg), as well
as Barbera, and the white Arneis variety, in addition to
a number of other lesser known white and red varieties.
- Michèle Shah
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RED WINE
APPELLATIONS OF BOURGOGNE |
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With
its 12 000 brands, covering 54 appellations and
producing an average of six million hectolitres a year,
Bordeaux's sales system is quite unique in the world.
Even if it only concerns between 200 and 300 labels, the Primeurs campaign (or Futures campaign) creates a buzz
year in year out in one of the most prestigious wine
regions of the world. Brinda Bourhis, Ambrosia's
Bordeaux correspondent gives an insight to the Primeurs,
with the tastings that got off to a flying start on 30
March.
Excerpts: Definition- To understand the
concept of Primeurs in Bordeaux, the simplest
description is as follows:
It is a way of purchasing wine before it is bottled.
Take as an example the current vintage: 2009.
- Ameeta Sharma |
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WORLD WINE TOUR INDIA CHAPTER - A RESOUNDING SUCCESS |
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We
have been featuring the journey of Anja Cheriakova and
Georges Janssens, the Project Directors of World Wine
Tour 2010 since few months in the magazine. Ambrosia as
the International Media Partner had organized a wine
tasting and dinner for the couple to interact with the
Indian wine industry during their recent stay in India.
A report.
Excerpts: Covering 300
wineries around the globe and selecting the best out of
it to be auctioned is not as easy as it seems. Ask Anja
and Georges and you will get an insight into their
ordeals in Thailand where they had to walk amidst the
protests to get to the Village Farm winery or how they
faced the hostile weather in Russia. But at the end its
all worth it says, Anja. During the wine tasting and
dinner organized by Ambrosia at the J W Marriott Hotel,
Mumbai.The couple interacted with the professionals from
the Indian wine industry and for the first time they
tasted some of the best Indian wines.
- Rojita Tiwari |
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GLOBAL BEER PLAYERS UNDER THE MICROSCOPE |
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The
wave of major consolidation activity in the beer market
over 2008 was followed by weakening volume growth in
2009 as the economic downturn put a dampener on bullish
tactics. With the global beer landscape and future
growth opportunities realigned, Euromonitor
International's latest global briefing 'Strategies for
Growth in an Increasingly Consolidated Global Beer
Market' deciphers the measures that companies have taken
in light of this new operating environment and how they
fit in with long-term strategies. Spiros Malandrakis,
Alcoholic Drinks Analyst at Euromonitor International,
investigates.
Excerpts: Survival
of the fittest
All the current major brewers took part in the round
of consolidation which marked the beer industry over the
past decade, while, of the top ten brewers in 2000, only
Modelo and Heineken still held a place in the top 10
rankings in 2009 without undergoing a name change due to
merger or acquisition activity. In the emerging markets
of the Middle East and Africa, Asia-Pacific and Latin
America, brewers have rushed to capture volume growth,
while in the mature markets of North America and Western
Europe the consolidation took place with brewers looking
to balance portfolios between value and volume gains.
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TECHNICAL TROVE - SABMiller africa erects Breweries with
Krones |
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The
industrial-scale brewhouse features a mash tun, a cereal
cooker, a Pegasus lauter tun, a product tank, a
Stromboli wort copper with vapour condenser, an
energy-storage tank, plus a classical whirlpool
Excerpts: As part of
its "Multi-Brewery Project", SABMiller Africa, in
conjunction with Krones, in 2009 erected three
greenfield breweries in Africa: in Luanda (Angola), in
Mbeya (Tanzania) and in Nampula (Mozambique). The
consignments Krones delivered to Nampula and Mbeya
included the first complete tank farms produced
in-house, which had only recently been added to the
product portfolio so as to round off Krones' brewery
process technology capabilities. Both breweries also
installed the TFS candle filter technology - another
first in the catchment area of SABMiller Africa. In
December 2009, the Nampula Brewery in Mozambique started
its operations and has since been making beer for the
consumers in the north of the country within the matrix
of Cervejas de Moçambique (CdM).
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