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SABMiller to set up new brewery in Karnataka, India
UK-based beer major SABMiller today said it will set up a new greenfield brewery in Karnataka as it expects its sales to double in the next five years. The company is in the process of finalising the location and purchasing land for the purpose. Usually, about 18 months are required to set up such a facility. The planned unit is likely to be operational by 2013. According to SABMiller estimates, the Indian beer market is around 200 million cases annually and it is growing at 15 per cent a year. The company claims to have about 25 per cent of the domestic market with brands like Haywards 5000, Foster's, Indus Pride, Peroni, Royal Challenge and Knock Out.
Link: http://www.mydigitalfc.com/companies/sabmiller-set-new-brewery-karnataka-696
written on 17.02.2011 um 06:30.
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