United Spirits has reportedly reduced prices on select product by 5%-15% in various states. While, the company has cut prices of Mcdowells No.1 by 10.15% in three states, it slashed prices of Royal Challenge by 5-15%. These price cuts are expected to hurt the operating margins of the company.
United Spirits is the largest spirits company in India and a flagship entity of $2 billion UB group. It manufactures wide range of whisky, vodka, rum and other spirits.
United Spirits is the largest spirits company in India and a flagship entity of $2 billion UB group. It manufactures wide range of whisky, vodka, rum and other spirits.
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