Prag Distillery Cleared to Begin Expanded Production in Andhra Pradesh

18 May 2026 CW Team

Last year the board approved an investment of Rs 590 mn, which included licence fees and interest payments of nearly Rs 340 mn, and the company has completed the associated capital expenditure at Prag. The capital expenditure covered expansion works and the associated infrastructure at Prag. Tilaknagar said the enhanced facility would be able to meet nearly 50 per cent of its volume requirements in Andhra Pradesh and secure supplies for its flagship brands in the state.

Tilaknagar noted that Andhra Pradesh is one of the fastest growing states for the India Made Foreign Liquor industry, growing at 15 per cent annually and emerging as a 40 mn case market in fiscal 2026. The firm indicated that the recent acquisition of Imperial Blue Whisky, together with established names such as Mansion House Brandy and Courrier Napoleon Brandy, has strengthened its position in the prestige and above segment in the state. The company added that its portfolio spans whisky, brandy, rum and gin, and that a luxury vertical supports its premiumisation strategy.

The company said the six-fold expansion at Prag will deliver meaningful cost efficiencies and improved margins, reinforcing profitability. The move was characterised as a key milestone in the group's growth strategy and a reinforcement of its commitment to strengthen manufacturing capabilities in fast growing alcobev markets across India. The development was framed as consistent with a legacy spanning over 90 years and with the group's focus on expanding owned manufacturing capacity.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Tilaknagar Industries said its wholly owned subsidiary Prag Distillery has received government approval to commence production at an expanded facility in Andhra Pradesh, increasing bottling capacity from zero point six million (mn) cases per annum to three point six mn cases per annum, a six-fold rise. The company stated that the approval allows immediate commencement of operations at the enlarged unit and forms part of its wider capacity enhancement plan. Last year the board approved an investment of Rs 590 mn, which included licence fees and interest payments of nearly Rs 340 mn, and the company has completed the associated capital expenditure at Prag. The capital expenditure covered expansion works and the associated infrastructure at Prag. Tilaknagar said the enhanced facility would be able to meet nearly 50 per cent of its volume requirements in Andhra Pradesh and secure supplies for its flagship brands in the state. Tilaknagar noted that Andhra Pradesh is one of the fastest growing states for the India Made Foreign Liquor industry, growing at 15 per cent annually and emerging as a 40 mn case market in fiscal 2026. The firm indicated that the recent acquisition of Imperial Blue Whisky, together with established names such as Mansion House Brandy and Courrier Napoleon Brandy, has strengthened its position in the prestige and above segment in the state. The company added that its portfolio spans whisky, brandy, rum and gin, and that a luxury vertical supports its premiumisation strategy. The company said the six-fold expansion at Prag will deliver meaningful cost efficiencies and improved margins, reinforcing profitability. The move was characterised as a key milestone in the group's growth strategy and a reinforcement of its commitment to strengthen manufacturing capabilities in fast growing alcobev markets across India. The development was framed as consistent with a legacy spanning over 90 years and with the group's focus on expanding owned manufacturing capacity.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..