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Sunday, August 27, 2023

How Indian Single Malts are performing in the International Market?

 


Indian single malts are performing very well in the international market. In 2022, the sales of Indian malts shot up 2.4 times to 281,000 cases, while Scotch (single malt) sales rose 35% to 296,000 cases. This is a clear indication that Indian single malts are gaining popularity among consumers around the world.

There are a few reasons for this success. First, Indian single malts are relatively affordable compared to Scotch whisky. This makes them more accessible to a wider range of consumers. Second, Indian single malts have a unique flavor profile that is often described as being fruity, spicy, and complex. This has appealed to whisky lovers who are looking for something different from the traditional Scotch flavor.

Finally, Indian single malts have been winning awards at international spirits competitions. This has helped to raise their profile and attract attention from whisky enthusiasts around the world.

Some of the Indian single malt brands that are performing well in the international market include:

Amrut

Paul John

Rampur

Solan No. 1

Indri Trini


The future looks bright for Indian single malts. As the global whisky market continues to grow, Indian single malts are well-positioned to capture a larger share of the pie.

Here are some of the challenges that Indian single malts face in the international market:

  • The dominance of Scotch whisky: Scotch whisky is still the most popular single malt whisky in the world. Indian single malts will need to overcome this dominance in order to achieve their full potential.
  • The lack of awareness: Many people around the world are not aware of Indian single malts. This lack of awareness will need to be addressed in order to grow the market for Indian single malts.
  • The high cost of exports: The cost of exporting Indian single malts is high due to the high import duties imposed by many countries. This high cost of exports will need to be reduced in order to make Indian single malts more competitive in the international market.

Despite these challenges, Indian single malts are well-positioned to succeed in the international market. The quality of Indian single malts is improving, and the brands are becoming more visible around the world. With continued investment and marketing, Indian single malts have the potential to become a major player in the global whisky market.


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