The alcohol industry is the commercial industry involved in the manufacturing, distribution, and sale of alcoholic beverages. Alcohol has assumed very important place in the Country’s economy. It is a vital raw material for a number of chemicals and become the source of large amount of revenue for government as Excise Duty. Rapid increase in urban population is one of the key factors that is boosting the India alcohol market.
In India about 350 distillery units of 4.0 billion litres & 100 distillery units of 1.8 billion litres are molasses & grain based respectively. Potatoes, Rice, Maize, Malt, Wheat, Barley, Sugarcane & Sugarbeet are various raw materials used in grain based distilleries.
Grain based alcohol is used for the production of white spirit such as gin and vodka but also as a base for a wide range of flavoured alcoholic beverages. The production of neutral alcohol from malt, grape, apple or sugar has considerably increased over the last few years. There may be local alcohol taxation advantages. This is available in a ready-to-pitch, active form, with proven cost effectiveness versus propagation. Thus, due to demand it is a good project for entrepreneurs to invest.
Few Indian Major Players are as under
· Amar Alcoholi Ltd.
· Dhampur Sugar Distillery Pvt. Ltd.
· Mcdowell & Co. Ltd.
· Mohan Breweries & Distilleries Ltd.
· Pioneer Industries Ltd.
· S N J Sugars & Products Ltd.
· United Spirits Ltd.
· Vindhyachal Distilleries Pvt. Ltd.