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From single malt to blended whiskey, Suntory is serving all to get India high. Will it succeed?

From single malt to blended whiskey, Suntory is serving all to get India high. Will it succeed?
From single malt to blended whiskey, Suntory is serving all to get India high. Will it succeed?
Neeraj Kumar, managing director, Suntory Global Spirits, India; image credit: Company.

Synopsis

Suntory Global, formerly known as Beam Suntory, is eyeing a sizeable market share in India and plans to reach USD1 billion revenue by 2030. Will the company’s new products, pricing, and retail strategy be enough to meet its targets?

“Oaksmith was very well received when launched in 2019-2020. The new blended whiskey by the Japanese makers was getting noticed and picked by consumers frequently enough… Things have slowed down since then,” says Vikram Jagdish, a Bengaluru-based alcobev retailer about Suntory Global, the Japanese alcobev manufacturer. Known for brands like Jim Beam, Laphroaig, Bowmore, Yamazaki, Hibiki, Toki, and Roku, Suntory Global has been present in India
( Originally published on Jul 09, 2024 )
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The Economic Times