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India beats US to become world’s largest whisky market |
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Saturday, 27 May 2006 |
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BANGALORE: For scots, the problem with Indian whiskies just got bigger. India has quietly emerged as the largest international whisky market, toppling the US by volume.
Industry data for ‘05-06 suggests that Indian whiskies, non-matured alcohols mostly made from molasses, and hence not considered whisky by the Scotch Whisky Association (SWA), reported depletions of about 60m cases (9-litre each). In comparison, the US recorded combined sales of Bourbon, American and Scotch whiskies at 48-50m cases, putting it one notch below India .
Indian whiskies account for 98% of domestic whisky consumption, reporting 8-10% growth annually, which makes it one among the fastest growing whisky markets anywhere in the world.
It must be mentioned that nine Indian whiskies figured in the New York-based Impact International’s latest list of top 100 global spirits brands.
Source: The Economic Times
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