India’s leading alco-bev company, Associated Alcohols & Breweries Ltd (AABL), is charting an ambitious growth trajectory, aiming to double its revenue from ₹1,150 crore in FY24 to ₹2,000-2,100 crore by FY28.
🔴 Key Growth Strategies:
- Premiumization push across rum, whisky, vodka, gin, tequila, ready-to-drink (RTD), and brandy segments.
- Expansion into new markets, including Uttar Pradesh, Goa, Pondicherry, and Odisha.
- Strategic partnerships with distributors and importers to enhance global presence.
📢 Leadership Insights:
- Tushar Bhandari, Whole-time Director at AABL, stated, “We expect our topline to grow by at least 20-25% year-on-year.”
- The company aims for 50% of its revenue to come from its own IMFL brands, strengthening its market position.
- Nicobar Gin, AABL’s handcrafted premium spirit, recently won a bronze medal at the San Francisco Spirits Awards, boosting its international credentials.
⚠️ Industry Outlook:
With Indian spirits gaining global recognition, AABL is betting big on consumer aspirations and improved production quality to drive growth.
👉 Do you think AABL will achieve its revenue target? Let us know in the comments!
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