INDIAN SPIRITS MAKER SAYS IT WILL BECOME WORLD NUMBER ONE IN NEXT FINANCIAL YEAR
April 1st, 2010
BY RAGHAVENDRA VERMA
INDIA'S UB Group has said it should become the world's largest spirits manufacturer next year. "We are certain that our additional sales in the next financial year (April 2010-March 2011) will take us to the number one position globally", Vijay Mallya, the group's chairman, has announced. Company officials relied on growth trends to make their projection. For instance the brands of its flagship United Spirits Limited (USL) (such as McDowell's Whisky) together grew 14% in financial year 2009-2010. "With more than 100 million ...
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