Sales growth of spirits in India FY 2023, by price segment

Published by A. Minhas, Apr 9, 2024

As of financial year 2023, the year-on-year sales growth of spirits priced over one thousand Indian rupees was 48 percent in India. On the other hand, the similar price ranged whiskeys sales grew by over 45 percent. The preference for premium spirits at home and the increased cost of drinks in bars have contributed to the growth of the spirits market. 

Year-on-year sales growth of spirits across India for financial year 2023, by price segment

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Release date

December 2023

Region

India

Survey time period

FY 2023

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

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