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Varun Beverages Ltd (NSE:VBL) reports robust sales growth and strategic partnerships, despite facing margin pressures and regulatory challenges.
Asahi said India’s population of more than 1.4 billion makes it "an extremely promising market for non-alcohol beverages".
TOKYO, June 18, 2026--Asahi Group Holdings, Ltd. announced today that it has entered into a business alliance agreement for franchising the CALPIS brand with Varun Beverages Limited ("Varun Beverages"), an India-based manufacturer, distributor and seller of non-alcohol beverages, to introduce the CALPIS products into the Indian market.
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