Business Update14 May 2026, 12:59 pm
Tilaknagar's Prag Distillery Gets Nod for Expanded Capacity
AI Summary
Tilaknagar Industries Ltd's subsidiary, Prag Distillery (P) Ltd, has received approval from the Andhra Pradesh Government to commence production at its expanded facility. This expansion will increase Prag's bottling capacity six-fold, from 6 lakh cases per annum to 36 lakh cases per annum. Tilaknagar Industries invested ₹59 crore in the expansion, which will enable Prag to meet approximately 50% of TI's volume requirements in Andhra Pradesh. The company expects to realize cost efficiencies and improved margins from this expansion.
Key Highlights
- Prag Distillery's capacity expands six-fold to 36 lakh cases annually.
- Tilaknagar Industries invested ₹59 crore in Prag Distillery's expansion.
- Expanded capacity will meet 50% of Tilaknagar's Andhra Pradesh volume needs.
- Tilaknagar anticipates cost efficiencies and improved margins.
- Andhra Pradesh is a key market for Tilaknagar, growing at 15% annually.