April 5, 2024
admin
Globus Spirits has announced a joint venture with ANSA McAL, a Trinidad and Tobago headquartered brand for beer production and distribution in India, focusing on the Carib beer brand.
The JV aims to leverage the diverse expertise and resources of both companies to deliver high-quality products and expand market presence within India.
On April 1, the company informed that it has commenced commercial production of additional capacity at two of its existing units at Singhbhum in Jharkhand, and at Burdwan in West Bengal.
Its shares rose 4 percent to Rs 815 on April 5 after the JV announcement.
