Allied Blenders Unveils Luxury Push, Targets ₹100 Crore Revenue Run-Rate by FY26 with Rangeela Vodka
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CNBC TV18•01/12/2025
Allied Blenders Unveils Luxury Push, Targets ₹100 Crore Revenue Run-Rate by FY26 with Rangeela Vodka
- •Allied Blenders targets ₹100 crore revenue from luxury segment by FY26.
- •New duty-free presence in Mumbai to boost ABD's growth.
- •Rangeela Vodka launched with actor Ranveer Singh.
- •ABD's luxury brands currently at ₹40-50 crore annual revenue rate.
- •ABD's market capitalisation is ₹17,593 crore.
Why it matters: This story matters as it shows rising opportunities in India's premium spirits market.
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