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Nirmal Bang Report
In a continuous endeavour to get deeper insights into the industry from key players, including manufacturers, vendors and distributors, we recently interacted with the management of Associated Alcohols and Breweries Ltd.
The following are the key takeaways from our interaction-
Management believes that the worst is over for the industry (with Q1 FY21 being the most impacted) and expects it to grow at a decent pace in the coming years.
Millennials are willing to try out new brands, thereby driving the entry of new players and brands in the market.
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