As India approaches 2026, the alcoholic beverages sector is transitioning into a more established growth phase. CRISIL Ratings anticipates an 8–10% revenue increase in FY26, boosting the industry to ₹5,30,000 crore. Nevertheless, it continues to function under a fragmented regulatory structure led by state policies. Diageo India’s Chief Commercial Officer Jagbir Singh Sidhu emphasizes that a more cohesive and predictable policy framework would foster innovation, create jobs, and ensure sustainable revenue growth.
India is becoming one of the most significant consumer markets of this decade. With a youthful demographic, a swiftly growing middle and high-income group, and a GDP projected to reach US$7 trillion by 2030, the landscape of global consumer demand is increasingly being influenced from here.
Continue Reading with
Continue Reading with
CNBC-TV18 Access Membership
Priority Access and Networking: Experience CNBC-TV18’s flagship events
Engagement with CNBC-TV18’s journalists
Webinars & LIVE Q&A sessions with industry leaders
Exclusive tours of CNBC-TV18’s studio & newsroom
Top-notch business insights, expert analyses & opinions
Curated lifestyle privileges & offers
