Globus Spirits and ANSA McAL Agree to Form a Joint Venture for Manufacturing, Sourcing, and Distribution of Beer in India

Globus Spirits Limited, a leading player in the Indian alcoholic beverages industry, has agreed to form an equally owned joint venture with ANSA McAL Limited, a diversified conglomerate from the Caribbean. The primary objective of the joint venture is to engage in the manufacturing, sourcing, and distribution of beer in India, with an initial focus on introducing the world-renowned Cario®@ beer brand to the Indian market. Both companies aim to leverage their diverse expertise and resources to deliver high-quality products and expand market presence within India.