Assertion Supported AI assessment confidence: 90% certainty 3/5 debate potential 2/5

Khaitan: Diageo's market share dropped to 20-25% after offloading cheaper brands

Abhishek Khaitan · Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath · Jul 3, 2024 · at 19:42

Abhishek Khaitan, MD of Radico Khaitan, discusses market share shifts in the Indian alcobev industry following Diageo's divestment of economy brands.

0:00 / 0:13exact quote · 13.7s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Now like Diageo has given off the less expensive brands to Inbrew. Earlier their market share would have been about close to about 35. So now they'll be same about 20, 25.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Abhishek Khaitan

Opinion
Khaitan: Scaling a liquor brand realistically requires at least ₹50 crores
“With a six crore fund, you, it's like, if you click it, you're a god. But you should have that capital of at least 50 crores, et cetera.”
Abhishek Khaitan Jul 3, 2024 ▶ 1:16:35 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Insight
Khaitan: New Alcohol Startups Need 70-80% Gross Margins to Survive
“For any newcomer you have to, your gross profit has to be high. It has to be 70 to 80%, else you'll fail. If you try to compete with the masses, big boys will take you.”
Abhishek Khaitan Jul 3, 2024 ▶ 1:51:06 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Insight
Khaitan: Alcohol brands cannot force sales through heavy capital and advertising
“Because what I believe in alcohol, you cannot push sales. You have to win sales. Like, as I said, first 10,000 is important. So even sometimes I brew with that idea whether is it the right strategy, but in my last 20 to two decades of my experience, I feel It'…”
Abhishek Khaitan Jul 3, 2024 ▶ 2:28:50 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Insight
Khaitan: Luxury spirits above ₹8,000 must rely on PR, not direct marketing
“If the higher you go, suppose you go eight, 10,000, you don't need any marketing. If you market, you won't be able to sell. The only thing should be Word of mouth and PR press and the competitions.”
Abhishek Khaitan Jul 3, 2024 ▶ 2:32:47 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Assertion Supported
Khaitan: Magic Moments accounts for 60% of India's vodka sales
“Today we are proud that magic is the seventh largest vodka in the world. And in India, out of all the vodkas, starting from a regular to a Grey Goose or a Kaufman, 60% of any vodka sold is magic.”
Abhishek Khaitan Jul 3, 2024 ▶ 53:22 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Assertion Not checkable as stated
Khaitan: Pan-India Liquor Distribution Requires 35 Bottling Units
“In our industry, if you want to go all India, you have to have 35 bottling units.”
Abhishek Khaitan Jul 3, 2024 ▶ 1:15:20 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 60 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.