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WTF is with Nikhil Kamath cover image

Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities

WTF is with Nikhil Kamath

NOTE

Exploring Opportunities in the Alcohol Industry in India

The alcohol industry in India offers numerous opportunities for young entrepreneurs, from owning bars to starting liquor companies or working in the sector. Despite the vast ecosystem, there is a lack of clear guidance on the journey for newcomers. The industry size in India is significant, with the hard liquor market alone valued at around 40-50 billion dollars and the beer market at 12 billion. India stands out for its high consumption of hard liquor compared to countries like Vietnam. The culture of post-work socializing plays a significant role in driving alcohol consumption in urban India, highlighting a key aspect of consumer behavior in the market.

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