Indri Owner Siddhartha Sharma on Transforming India’s Premium Alcobev Industry

Piccadily Agro Industries Limited (PAIL), the company behind Indri single malt and Camikara rum, is set for a major ₹1000 crore expansion, as announced earlier this month. Siddhartha Sharma, a key figure in the company, is leading this ambitious growth plan, which includes expanding its existing distillery and malt facilities in Indri, Haryana, developing a new facility in Mahasamund, Chhattisgarh, and establishing PAIL’s first international distillery in Portavadie, Scotland. In September 2024, the company raised ₹262 crore through a preferential allotment from investors, with an additional ₹50 crore invested by its promoters. The expansion is expected to be completed within the next 24 months, with the first phase—focusing on malt and ethanol facilities at the Indri plant—set to be finished by early 2025.

Read More

Leave a comment

I’m Gaurav

Welcome to Entrepreneur’s Hub, my online space dedicated to celebrating the inspiring journeys of Indian entrepreneurs. Here, I bring you stories of innovation, determination, and success that shape the business landscape of India. Join me as we explore the minds and ventures of visionary leaders who have turned their dreams into reality. Let’s dive into the world of entrepreneurship and discover the passion behind the success!

Let’s connect

Design a site like this with WordPress.com
Get started