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IndoBevs is planning to set up a 40-acre greenfield malt distillery in Uttar Pradesh’s Muzaffarnagar, its Managing Director Sameer Mahandru told a leading media outlet. Over the next two years, the company looks forward to putting in ₹200 crore in the upcoming facility that is expected to be operational in around four years.
According to Sameer, the distillery will be built as a resort-style ecosystem and is expected to have a peak production capacity of 12,000 litres per day, though actual output will depend on the maturation and ageing cycles of single malt whisky.
“Whisky requires significant upfront capital and long maturation cycles. The malt distillery is part of our long-term strategy to build a strong premium whisky portfolio,” Sameer told the news outlet.
The Uttar Pradesh Excise Department recently announced that three new malt units, including IndoBevs’, have received licences.