Tilaknagar Open to More Large Deals
Tilaknagar Industries is open to another large acquisition following its massive purchase of the Imperial Blue whisky brand. Chairman Amit Dahanukar said the maker of Mansion House brandy remains focused on high-growth segments as consolidation accelerates in India.
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Tilaknagar Industries is open to another $500M acquisition after buying the Imperial Blue whisky brand from Pernod Ricard, Chairman and Managing Director Amit Dahanukar said late Monday morning. The move follows consolidation across India's spirits market, where brands seek scale amid shifting consumer demand. Domestic market demand is rising as millions reach legal drinking age annually.
