💨 Abstract
Implica Global, a European tech and strategy consulting firm, is entering the Asia-Pacific premium spirits and wine market, aiming for a $20 billion valuation by 2030. They plan to invest $250 million in unique, ultra-premium spirits and wines. The move is strategic due to the potential regulatory shifts from the EU-India Free Trade Agreement, which could lower excise duties on European liquor imports into India.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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