New Delhi, Oct 2 (PTI) Indian alcoholic beverage makers are likely to record a double-digit revenue growth of 10-12 per cent in the current fiscal, helped by growing premiumisation and price increases approved by various state governments, according to a report by rating agency Icra.

However, on the volume side, the report expects a low single-digit growth of around 1-2 per cent in FY26.

The agency also expects a higher volume growth for the beer segment compared to spirits, including whisky, among others.

“The beer segment is projected to outperform spirits, with volumes forecast to grow by 4-6 per cent in FY2026, continuing the trend from the previous year due to steady demand," the report said.

In contrast, the spirits segment, comprising Indian Made Foreign Liquor (IMFL) and countr

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