Asia/Australia
India | Indian trade bodies representing Diageo, Pernod Ricard, Heineken and Carlsberg, accused the southern Indian state of Telangana of not paying its bills, owing them a total of USD 392 million, Reuters reported on 12 June. They are not alone. The state is massively in debt.
Asia/Australia
India | Danish brewer Carlsberg plans to file draft papers for an initial public offering (IPO) of its wholly-owned Indian subsidiary as early as this month, potentially raising USD 700 million. The IPO, which could value Carlsberg India at nearly USD 3.9 billion, is expected to be a secondary share sale, with existing shareholders selling a chunk of their shares to investors. However, the final size, structure, and timing are still under discussion, Indian media reported on 8 June.
Asia/Australia
Australia | A trainwreck that was waiting to happen: Lion will cease production at the James Boag brewery in Launceston, Tasmania, from November, the Kirin-owned company announced on 2 June. In a statement, Lion said the brewery (with an estimated capacity of 900,000 hl beer per year) had been underutilised for many years, running at about 20 percent of potential output, following declining sales. The closure is set to impact the roles of 42 people.
Asia/Australia
New Zealand | Craft brewers are facing plenty of crises. Their latest problem involves the kegs that they use to get their beer into pubs. Until now, they could rely on the keg pooling and rental services of two companies – Kegstar and Konvoy. Both firms operate a “pay-per-fill” model, in which they own, track, manage, and contract hauliers to move the empty and full kegs. At least, brewers did – until Konvoy went into receivership in March 2025.
Asia/Australia
India | United Breweries (UBL), best known for its Kingfisher lager, will close its Ludhiana brewery in Punjab by 30 June, the firm announced on 18 May. The move follows a long-term capacity lease agreement with a yet unnamed contract brewer. This arrangement ensures continued beer supply across northern India, the firm said. The strategic shift towards an asset-light model aims to boost flexibility and cut costs.
Asia/Australia
Thailand | Boon Rawd Brewery announced on 19 May that Sunit Scott has been removed from all positions within Boon Rawd Brewery and affiliated companies after his brother, the environmental activist Siranudh Scott, had publicly accused him of repeated sexual abuse during their teenage years.
Asia/Australia
India | A two-week ceasefire is now in place, but a lot of damage to India’s economy has already been done by the Iran war. Just as the country enters into its peak beer sales season, brewers are bracing for a perfect storm of rising costs, packaging shortages, unresponsive price regulation, and a weak rupee.
Asia/Australia
India | A European industry lobby group, whose members include Pernod Ricard, AB-InBev, Heineken and Carlsberg, has asked the federal government for an exemption from a 10 percent import duty on glass bottles and aluminium cans, amid shortage fears triggered by the Iran war, Reuters reported on 9 April.
Asia/Australia
Singapore | The brewing of Heineken and Tiger Beer in Singapore will be progressively phased out over the next two years as production will be shifted to its breweries in Malaysia and Vietnam, Heineken said on 24 March. Some 130 production workers will be made redundant from now until the end of 2027.
Asia/Australia
India | Diageo is in line for a cash windfall from the sale of the Indian Premier League Royal Challengers Bengaluru cricket team, which was acquired by a consortium backed by Blackstone for approximately USD 1.8 billion. This transaction is a key outcome of its portfolio review, Diageo initiated in November 2025, which is intended to strengthen the group's balance sheet. It also signals a deliberate shift away from non-core assets.

