Allied Blenders & Distillers Maintains Sustained Double-Digit Growth: Alok Gupta

        Sees huge potential in Aftica market Luxury Portfolio Driving Expansion Participating in MML segment Allied Blenders and Distillers remains confident of sustaining strong growth momentum across domestic and international markets, supported by premiumisation, expanding exports, capacity investments and a growing luxury portfolio, Managing Director Alok Gupta said in an interview. Gupta said the company continues to maintain its guidance of double-digit volume growth and mid double-digit value growth, driven largely by its prestige-and-above (P&A) portfolio. “Our focus remains on both value growth and volume growth. The momentum is absolutely sustainable,” Gupta said. He highlighted the performance of the company’s flagship whisky brand ICONiQ, which has crossed the 10 million cases milestone and is currently running at an annualised rate of around 12 million cases. The brand has also received approval from the Canteen Stores Department (CSD)

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