New policy seeks to introduce strict age, marketing, and packaging rules to limit youth exposure to alcohol and promote public health.
The acquisition aligns with Reliance’s broader plan to scale its presence in India’s growing health and wellness beverage market.
Despite rising alcohol tax targets, Morocco’s beer output declined while neighboring countries recorded notable increases in 2024.
Diageo is evaluating its controlling interest in EABL as part of a broader move to streamline global operations.
The new facility is expected to produce up to 70 million litres of ethanol annually, supporting India’s fuel blending goals.