United Breweries’ premium bets take the driver’s seat, but it’s a bumpy road
Source: Live Mint United Breweries Ltd, the Indian subsidiary of Dutch brewer Heineken NV, has been leaning on its premium products, expansion, and favourable regulations to drive growth, braving persistent margin and pricing challenges. A significant catalyst for UB Group was when the Uttar Pradesh government revised its excise policy to allow so-called composite liquor…