The Hindu Business Line : Praj Ind bags contracts for setting up 2 breweries

Praj Industries, the Pune-based alcohol and brewery technology and engineering group, has bagged two more contracts to the tune of Rs 18 crore for setting up greenfield breweries. The orders involve one brewery to be set up in the Eastern region of India and another in the Saarc region.

Mr Pramod Chaudhari, Chairman, Praj Industries, noted that it has also bagged an export order from West Africa for a microbrewery. A microbrewery usually caters to the local demand of draft beer, which is ready-to-drink. A popular concept in many emerging economies including China, this concept is yet to be introduced in India, he noted.

He pointed out that the company's brewery division is in a position to handle these projects and resources while noting that the brewery segment was seeing a consolidation and upswing with new international players entering the domestic scene.

Mr Chaudhari said earlier that SABMiller had also contracted Praj for their modernisation project in South India. He added that Praj now has a market share in excess of 70 per cent in the Indian brewery segment also.

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