UNITED Distillers has welcomed media reports in India of government
approval there for a proposed joint venture between UD and UB Group of
India. Under the plans, the joint venture company will produce high
quality Indian whisky and bottle bulk Scotch locally.
If the deal has been approved, it opens up a major new market to UD,
one that has been closed to imported spirits since the early 1970s.
Initial production of some 50,000 cases of Indian distilled whisky and
30,000 cases of locally-bottled Scotch will be aimed at the emerging
Indian middle-class and at re-exports.
A new bottling facility is planned near Bombay and the two partners
will jointly contribute some #3m in equity towards the new venture. ''We
look forward to developing the outstanding opportunities that we believe
exist in India'' said Mr Anthony Greener, chairman of UD's parent
company Guinness.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article