India Glycols Limited — Updates, 13-11-2024: Press Release

India Glycols Limited (IGL) has entered the premium alcobev market through a strategic partnership with Amrut Distilleries, focusing on the production and distribution of select premium brands in North India. The brand licensing agreement allows IGL to manufacture, distribute, and sell recognized Amrut products, including MaQintosh Whisky and Old Port Rum, which is noted as one of the world’s leading rum brands. IGL aims to leverage its capabilities and significant market demand to capture a double-digit market share in this segment within the next few years.

The partnership enhances IGL's portfolio, complementing its existing offerings in the regular liquor segment, which includes successful brands such as Soulmate Whisky. With state-of-the-art production facilities in Uttarakhand and Uttar Pradesh, IGL supports the commitment to quality and brand integrity, essential for maintaining high standards in the competitive premium beverages market. This initiative reflects a positive outlook for IGL’s expansion and potential growth in the lucrative premium alcobev sector.