The company marked a turnover of 1000cr during the financial year 2021 – 2022 and now aims to double its revenue in the financial year 2023
Alcostar Group of Companies, an alco-beverage startup that has been engaged in the manufacturing of high-quality spirits, has recently launched its operations in Delhi and Uttarakhand markets. The brainchild of Arundeep Singla, the company also offers a wide range of exotic and imported foreign liquor from countries like France, Poland, UK, Australia, Germany and Spain.
With the aim of becoming a premier spirits brand within the country, Alcostar has recently expanded its portfolio by launching products in three categories titled—Sherry Platinum – Whisky, KIEV Vodka, KIEV Green Apple Vodka and Old Chief Rum. While all the products are of high quality, they are reasonably priced as well.
While pursuing his higher studies in Australia, Mr. Singla got acquainted with the brewery culture and was highly influenced by the variety of liquors the country offered. Since then he was determined to set up a liquor company. After consistent years of hard work, he launched Rock and Storm Distilleries Pvt. Ltd. in 2020 which gradually went on to become one of India’s major liquor production companies.
While the company has been doing great business in Punjab, Haryana and Chandigarh, it has now already set its footprints in Delhi and Uttarakhand. In the coming three years, it has plans to expand to Rajasthan, Maharashtra, and Goa in western India and Madhya Pradesh in central India.
In addition, on the growth of the company Mr. Arundeep Singla, Chairman and Managing Director of Alcostar Group of Companies said ‘We are proud to share that Alcostar has grown immensely since its inception, we marked a turnover of 1000cr during the financial year 2021–2022 and now we aim to double the company’s revenue by the financial year 2023.’ The company is also expanding its liquor portfolio and has plans to import gin, vodka and wine from countries like France, Netherlands, Poland, and tequila and gin from England, Scotland, and the Philippines. It also envisions investing in versatile liquor portfolios within the next two years and is confident of taking a giant leap of faith in its world-class IMFL brands while offering high-quality products at reasonable prices.
The company rose to the top with the help of Mr. Arundeep Singla, Chairman, and Managing Director. He has years of combined experience in the alcohol industry and has worked with some of India's most well-known spirit brands. He is also responsible for bringing in the brewpub culture to India in 2016 with the brand ‘The Brew Estate’ that introduced the concept of craft beer combined with food and music.
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