Anheuser-Busch InBev is planning to expand its brand offerings in India, a country where top brewers are expecting sales to increase by as much as 7 percent this fiscal year.
A-B InBev, the parent company of St. Louis-based Anheuser-Busch, plans to take its import labels such as Corona, Hoegaarden and Stella to more than a dozen markets across India, The Economic Times reports. The brands currently are available only in Mumbai, Delhi and Bangalore.
Together, A-B InBev, Heineken and Carlsberg are introducing about a dozen new beer brands in India, The Economic Times reports. The three brewers control about 90 percent of the beer market in India.
Beer sales in India dropped 2 percent in the 12 months prior to March 2017, but brewers are expecting sales in the country to rebound, led by premium brands.
Read more: St. Louis Business Journal