The world’s biggest softs drinks companies were given some respite this week from a furious protest against their products in Tamil Nadu when the state high court overturned a ban on one of their their local water sources.
Many grocery store owners, restaurant proprietors and refreshment vendors will stop selling drinks made by multinational brands in the south Indian state of Tamil Nadu from March 1—though shopkeepers have reported a sharp drop in sales ahead of the protest.
An industry group and a trades union have backed a ban on beverages made by multinational companies in the southern Indian state of Tamil Nadu, signalling possible trouble for PepsiCo and Coca-Cola.
Is Old Monk old hat? Judging by figures released this month by Impact Databank, it seems the once omnipotent Indian rum brand is well on its way to oblivion—or ripe for a buy-out.
The latest financial results by two of India’s spirits giants makes for fascinating reading and gives a real insight to casual observers as to the state of the drinks industry in the country.
