Japanese Brewer Kirin to invest $30 million in Indian craft beer Bira

Japan’s beer maker Kirin Holdings will invest $30 million in New Delhi-based B9 Beverages, the companies said on Monday, as it seeks to secure a spot in India’s growing craft beer market amid falling sales at home. The Japanese brewer will acquire a stake of under 10% in B9, the maker of India’s popular craft beer Bira, a Kirin spokesman and Bira CEO Ankur Jain…

Login or subscribe to read the full article