Sikorsky optimistic for long-term growth in India
Dutch beer group, United Breweries Ltd, plans to invest Rs.350+ crore in India in 2023, to meet demand for its beverages, says Chief Financial Officer Radovan Sikorsky.
The company has good capex plans in place for its breweries to meet anticipated volume growth going into 2023, Press Trusts of India cited Sikorsky saying in a conference call during the week ended 29 Oct 2022.
“We remain optimistic on the long-term growth of the industry,” he said.
“For the coming January to December, we are looking at capex spend somewhere in the region of Rs.350 crore.” fiinews.com
