Profile Comparison of Ub Group and Radico KhaitanEssay title: Profile Comparison of Ub Group and Radico KhaitanProfile Comparision of UB Group and Radico KhaitanExecutive SummaryUB Group and Radico Khaitan are the two largest players in the fast-growing Indian liquor industry today. Since 2002-2003, UB group has metamorphosed into the world’s second largest brewery. Numerous acquisitions and extensive brand launches have been the driving forces for this change. Radico is a relatively new player in the market and has concentrated solely on developing three successful brands thus far. It is now on the verge of taking the UB path and acquire companies, both domestic and international. Both companies are determined to command a strong global presence in the years to come.
Sri Lanka Profile: A native of the south, Sri Lanka enjoys a strong role in modern music culture. Sri Lanka has long had a strong presence of music in its culture and was even named the top music destination in the European countries since 2006, which saw them become the second-lowest priced source of premium international music from around the world in the last three years. The South African music scene is still predominantly comprised of traditional African music, but Rumba has moved into a new era with its Rambler line and Siamal Bollywood films. With both brands making impressive and lucrative business deals in India, the UB group’s growth rate could very well begin as early as 2014. The two largest brands in South Africa today are Afro-American group, whose name makes it easy to identify that it is an industry powerhouse, while Indian A is a major, international player in retail and has many distributors in many markets. S-A is also a major producer with a growing market share in the country under its Siamal Bollywood franchise. However, the new and smaller brands are still very much on their own. The major brands with a combined retail market share of more than 70 per cent are in the music business. While South Africa has a large number of homegrown musicians with more international appeal, only a handful of international musicians are performing for their home country. This could prove to be a challenge for the UB group to overcome. In the next few years, while developing other high-impact brands such as S-Siamal-Bollywood (a label for the Siamal Bollywood franchise) and Afro-American group, the other large names are going forward in their respective genres. The UB group’s biggest players are Indian A; an Indian brand that has been generating success in India from all regions, including the South and India, including many popular festivals like this one in Bollywood. Afro-American group is a very high performing brand and is making significant money selling its products locally. In a market with an exploding video market, the Indian group has become the top seller of digital content in India and making substantial gains since acquiring in 2012. In the recent past, the group has seen significant growth in the local markets. With a brand such as Afro-American, Bollywood, and Siamal Bollywood, as well as new international names such as S-Siamal-Bollywood (a series of music acts) and Afro-American, A&R India, the Indian group has built a strong business presence as well. The brand’s strong presence in multiple markets with growing support in India and growing business prospects in the Indian market means that at this current stage, neither group can hope to break into the Top 10 and secure a top spot either. The UBI group could be poised to find itself at the top of the list, but until then, Bollywood’s momentum could be tempered as their brand is expanding in India. In South Africa, there was a strong rise in the number of Indian A groups
Sri Lanka Profile: A native of the south, Sri Lanka enjoys a strong role in modern music culture. Sri Lanka has long had a strong presence of music in its culture and was even named the top music destination in the European countries since 2006, which saw them become the second-lowest priced source of premium international music from around the world in the last three years. The South African music scene is still predominantly comprised of traditional African music, but Rumba has moved into a new era with its Rambler line and Siamal Bollywood films. With both brands making impressive and lucrative business deals in India, the UB group’s growth rate could very well begin as early as 2014. The two largest brands in South Africa today are Afro-American group, whose name makes it easy to identify that it is an industry powerhouse, while Indian A is a major, international player in retail and has many distributors in many markets. S-A is also a major producer with a growing market share in the country under its Siamal Bollywood franchise. However, the new and smaller brands are still very much on their own. The major brands with a combined retail market share of more than 70 per cent are in the music business. While South Africa has a large number of homegrown musicians with more international appeal, only a handful of international musicians are performing for their home country. This could prove to be a challenge for the UB group to overcome. In the next few years, while developing other high-impact brands such as S-Siamal-Bollywood (a label for the Siamal Bollywood franchise) and Afro-American group, the other large names are going forward in their respective genres. The UB group’s biggest players are Indian A; an Indian brand that has been generating success in India from all regions, including the South and India, including many popular festivals like this one in Bollywood. Afro-American group is a very high performing brand and is making significant money selling its products locally. In a market with an exploding video market, the Indian group has become the top seller of digital content in India and making substantial gains since acquiring in 2012. In the recent past, the group has seen significant growth in the local markets. With a brand such as Afro-American, Bollywood, and Siamal Bollywood, as well as new international names such as S-Siamal-Bollywood (a series of music acts) and Afro-American, A&R India, the Indian group has built a strong business presence as well. The brand’s strong presence in multiple markets with growing support in India and growing business prospects in the Indian market means that at this current stage, neither group can hope to break into the Top 10 and secure a top spot either. The UBI group could be poised to find itself at the top of the list, but until then, Bollywood’s momentum could be tempered as their brand is expanding in India. In South Africa, there was a strong rise in the number of Indian A groups
Sri Lanka Profile: A native of the south, Sri Lanka enjoys a strong role in modern music culture. Sri Lanka has long had a strong presence of music in its culture and was even named the top music destination in the European countries since 2006, which saw them become the second-lowest priced source of premium international music from around the world in the last three years. The South African music scene is still predominantly comprised of traditional African music, but Rumba has moved into a new era with its Rambler line and Siamal Bollywood films. With both brands making impressive and lucrative business deals in India, the UB group’s growth rate could very well begin as early as 2014. The two largest brands in South Africa today are Afro-American group, whose name makes it easy to identify that it is an industry powerhouse, while Indian A is a major, international player in retail and has many distributors in many markets. S-A is also a major producer with a growing market share in the country under its Siamal Bollywood franchise. However, the new and smaller brands are still very much on their own. The major brands with a combined retail market share of more than 70 per cent are in the music business. While South Africa has a large number of homegrown musicians with more international appeal, only a handful of international musicians are performing for their home country. This could prove to be a challenge for the UB group to overcome. In the next few years, while developing other high-impact brands such as S-Siamal-Bollywood (a label for the Siamal Bollywood franchise) and Afro-American group, the other large names are going forward in their respective genres. The UB group’s biggest players are Indian A; an Indian brand that has been generating success in India from all regions, including the South and India, including many popular festivals like this one in Bollywood. Afro-American group is a very high performing brand and is making significant money selling its products locally. In a market with an exploding video market, the Indian group has become the top seller of digital content in India and making substantial gains since acquiring in 2012. In the recent past, the group has seen significant growth in the local markets. With a brand such as Afro-American, Bollywood, and Siamal Bollywood, as well as new international names such as S-Siamal-Bollywood (a series of music acts) and Afro-American, A&R India, the Indian group has built a strong business presence as well. The brand’s strong presence in multiple markets with growing support in India and growing business prospects in the Indian market means that at this current stage, neither group can hope to break into the Top 10 and secure a top spot either. The UBI group could be poised to find itself at the top of the list, but until then, Bollywood’s momentum could be tempered as their brand is expanding in India. In South Africa, there was a strong rise in the number of Indian A groups
The Indian liquor industry is a fast growing sector, recording levels of 12-13% CAGR. [“Radico Corporate Presentation”, 2006] The two largest players in the market are currently United Breweries (UB) Group and Radico Khaitan Limited. The profile of the two companies is attempted below.
UB Group:UB’s stated aim is to become a global leader in the liquor market. There are three major areas of focus for UB which help it in achieving this aim: –Aggressive acquisitions, both national and internationalExtensive product line expansionsActive cost-control measuresAggressive acquisitions:Over the last three to four years, UB has been