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Table of Contents Indri Becomes the Fastest Growing Single Malt Whisky in the World: Sells over 1 Lakh Cases in Its Second Year Hindustan Zinc and VEXL Environ Projects Pvt Ltd Partner for Sustainable Waste Management and Wealth Creation

Indri Becomes the Fastest Growing Single Malt Whisky in the World: Sells over 1 Lakh Cases in Its Second Year Friday 12 April 2024 08:00 AM UTC+00 Business Wire India Indri Single Malt Whisky, India's 1st and most awarded triple cask single malt, by Piccadily Distilleries, has further solidified India's growth story with Indri-Trini becoming the 'fastest growing single malt whisky in the world ever'. No other single malt whisky from Scotland, Japan, Taiwan or anywhere else in the world has ever been able to cross the 1,00,000 cases mark within two years of its launch. With this feat, Indri-Trini has shattered all expectations and broken into the elite club of top selling single malt whiskies in the world. With an unprecedented growth rate of 599% compared to last year, Indri is not just breaking records; it's reinventing the game. Indri has trailblazed its way to capture 30% market share in India. Piccadily Distilleries with its ambitious expansion plans envisions to become one of the top 5 selling single malt whiskies in the world. Since its debut in November 2021, Indri's brand journey from inception to this extraordinary milestone has witnessed over 25 global coveted accolades including 'Best Indian Single Malt' at prestigious competitions like the World Whisky Awards and the International Whisky Competition. With notable titles such as 'Asian Whisky of the Year' and a 'Gold Medal' at the New York World Wine & Spirits Competition, Indri has made India immensely proud on a global scale. Its crowning achievement came when its Indri Diwali Collector's Edition was declared 'Best Whisky In The World' at the Whiskies of the World Awards, surpassing Scotch and American rivals. This success has not only elevated the brand but also bolstered the reputation of Indian whiskies internationally, sparking a surge in demand for premium Indian single malts. The rise of Indri is indicative of a seismic shift in the consumer behaviour and preferences with premium spirits leading the way. As per industry reports, Indian single malt whiskies have staged a coup, outpacing their Scottish counterparts with a staggering 144% surge in 2021-22 and the momentum is only building. Early estimates by the Confederation of Indian Alcoholic Beverage Companies (CIABC) indicate that Indian single malts commanded a jaw-dropping 53% of total sales in 2023, leaving imported brands trailing behind. "In a market once dominated by imported labels, Indri stands tall as a beacon of Indian excellence. It's not just a brand; it's a symbol of national pride, elevating the status of Indian spirits to unparalleled heights. Indri isn't just leading the charge; it's leading a revolution," said CEO, Piccadily Distilleries, Praveen Malviya. As Indri continues to redefine the standards of Indian single malt whisky, Piccadily Distilleries remains dedicated to pushing boundaries, exploring new horizons, and delivering exceptional experiences to whisky enthusiasts worldwide.   Stock Ticker: (PICCADIL | 530305 | INE546C01010) https://www.bseindia.com/stock-share-price/piccadily-agro-industries-ltd/piccadily-agro-inds/530305/

Hindustan Zinc and VEXL Environ Projects Pvt Ltd Partner for Sustainable Waste Management and Wealth Creation Friday 12 April 2024 01:30 PM UTC+00 Business Wire India Hindustan Zinc (HZL), a Vedanta group company and India's leading Zinc-Lead-Silver producer, and VEXL Environ Projects Pvt Ltd (VEXL) announced today the signing of a Memorandum of Understanding (MoU) to establish a pilot plant for pioneering sustainable solutions through waste utilization and wealth creation. This collaboration underscores HZL's unwavering commitment to a circular economy, where waste becomes a valuable resource. The MoU was signed by Mr Arun Misra – CEO, Hindustan Zinc and Mr Bhaskar Bhattar – MD VEXL Environ Projects Ltd. As per the MoU, the company will be converting waste products into usable resources, minimizing environmental impact, and maximizing resource. The project focuses on utilizing waste products like jarosite and jarofix, generated during zinc extraction, for productive applications at pilot plant. During the occasion, Arun Misra, CEO, Hindustan Zinc said, "Our collaboration with VEXL Environ Projects represents a pivotal moment in our circular economy journey. We are pioneering waste-to-wealth creation strategies, setting new benchmarks for responsible mining practices and this innovative partnership allows us to unlock the true value hidden within our waste streams, transforming them into valuable resources for a greener tomorrow." This partnership aligns with Hindustan Zinc's waste management strategy – Reduce, Recycle, Reuse, and Reclaim. By leveraging cutting-edge technology and expertise, this collaboration sets a new benchmark for environmental responsibility and economic prosperity in the mining industry.

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