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India: United Breweries invests in new canning line at Telangana brewery
United Breweries Ltd, the largest brewer and beer brand in India, is investing Rs 90 crore in a new canning line in their existing Nizam Brewery, in Telangana, one of the two breweries it operates in the state, the company said in a share market notification on August 26.
This comes a month after chairman Vivek Gupta mentioned during Q1FY25 earnings call, how the cans' demand increased, and because of which shortage is making him nervous.
The new facility will be commissioned in a year, and add 0.4 million hectolitres of capacity, which is in addition to the already 0.5 million hectolitres capacity.
Speaking about the new addition, Vivek Gupta, managing director and chairman said, Telangana is one of the largest beer markets in India, and consumer demand for cans has been consistently rising. With this investment, we are confident of gaining market share in this high-potential format while delivering the iconic taste of Kingfisher, Ultra, and Heineken to consumers in a new and exciting way.