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Mansion House maker bets on tequila boom

The maker of Mansion House is expanding beyond its traditional spirits portfolio, making its first foray into tequila as India’s premium alcohol market continues to broaden.Tilaknagar Industries Ltd (TI) is entering the tequila category through a strategic investment of ₹22 crore in Black Tiger Distilleries, the Indian spirits company behind Bodega Suprema No. 5. TI will acquire a 30% stake in the company on a fully diluted basis.The investment will be made in two tranches, with ₹6 crore to be …

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Economic TimesLean R·1h ago
Mansion House maker bets on tequila boom
The maker of Mansion House is expanding beyond its traditional spirits portfolio, making its first foray into tequila as India’s premium alcohol market continues to broaden.Tilaknagar Industries Ltd (TI) is entering the tequila category through a strategic investment of ₹22 crore in Black Tiger Distilleries, the Indian spirits company behind Bodega Suprema No. 5. TI will acquire a 30% stake in the company on a fully diluted basis.The investment will be made in two tranches, with ₹6 crore to be …
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Mansion House maker bets on tequila boom

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Mansion House maker bets on tequila boom

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