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Business Daily from THE HINDU group of publications Saturday, November 24, 2007 |
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News Update as at 18.00 hrs (IST)
Corporate Khoday to launch premium vodka, brandy next year BANGALORE: Khoday India Ltd plans to foray into the premium brandy and vodka segment by launching new products next year. "There are plans to launch a premium vodka product," Mr Satpal Chaudhry, Chief Operating 0fficer of the company said today. The vodka would be launched somewhere around April, he said. The product, yet to be named, targets the youth, which had taken to vodka in a significant way, he added. The target consumers also included young executives and the middle-aged group, he said. The product most likely was expected to be launched first in the south followed by the north. It will be priced a little lower than key player in this segment but would match in terms of quality, he said. The group was also trying to come up with a premium brandy product. "There are no players in this segment as of now and we plan to create a market for this," Mr Chaudhry said. The product is expected to be launched in February. The group's current products include Peter Scott, Red Knight Whisky, Sovereign Beer and rum. - PTI
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