Post on Medial

Sanskar

Stealth • 2m

In 1855 Edward Dyre (father of infamous general Dyre) started a company called Dyre brewery to make Alcohol. Fast forwarding to 1947 a proud Indian man named Narendera nath mohan raised funds, travels to London to buy majority stake in Dyre meakin breweries. Thus entering into a huge market with a handful of manufacturers. In 1954 the son if Narendra mohan launched a legendary rum call "Old Monk" which became so famous that it had a black market. Thus becoming the third largest selling rum of the world with selling over 8.4 million cases a year. And without spending even a rupee on ads. But how? because of it's unbeatable taste. Lack of competition due to import duties. lack of raw material for manufacturing other drinks. It become synonymous with Indian Army and Indian Navy. And thus Old Monk dominated the market for 5 decades. but the downfall happened because of Premium-isation due to increase in per capita and Lack of new products in portfolio. I am back after a long time

5 replies3 likes
2
Replies (5)

More like this

Recommendations from Medial

Image Description
Image Description

Rohith R

Stealth • 24d

Heard about Old monk(The monk that doesn't sold Ferrari)? A time ago, It was a 3rd largest rum manufacturer in the world and most celebrated rum at our country at early 60s. They sold over 8 Million per year consistently whereas their competitors o

See More
6 replies16 likes
2
Anonymous
Image Description
Image Description

I have read many posts regarding criticizing Indian to lack innovation they are just copy. But, according to me that's not true While some Indian startups draw inspiration globally, their billion-dollar valuations reflect innovative solutions for th

See More
4 replies6 likes
1
Image Description
Image Description

LIKHITH

Stealth • 4m

STAY UPDATED !! ICICI Bank: became the 6th Indian company to cross a market cap of $100 billion. Like and follow for more.

16 replies15 likes

Mahendra Lochhab

Stealth • 3m

The Indian gifting market in India, boasts a significant market size of $30 billion. While the digital space contributes $400 million to this total, the majority comes from traditional channels.

0 replies4 likes
Image Description
Image Description

Bhargav Roy

Stealth • 8m

Title: Is It Time for Indian Traditional Alcoholic Beverages to Shine? Hello everyone, In the vast landscape of alcoholic beverages, whiskey, rum, and beer have long held their distinct identities. But what about our traditional Indian spirits? Fro

See More
6 replies8 likes
1

Mahendra Lochhab

Stealth • 2m

The Indian stock market boasts one of the largest numbers of listed companies globally.

0 replies3 likes
Image Description
Image Description

Mahendra Lochhab

Stealth • 1m

The Indian ice cream market was valued at INR 228.6 billion in 2023, and is expected to grow at a CAGR of 17.4% from 2024 to 2032.

4 replies3 likes

ganesh j

Stealth • 4m

If you want to make big money in stock market then HFT company or have a strong setup and follow or apply strategy of big hedge funds. The Indian stock market 🎯 #

0 replies4 likes

Aman Verma

Stealth • 4m

Some Businesses lack the growth that they need! Is your business also not growing at that pace? But Why? There may be a bunch of reasons behind the slow growth. - Lack of Motivation - Lack of Funding - Lack of creating a Strategy that suits y

See More
0 replies7 likes
1
Image Description
Image Description

Shuvodip Ray

 • 

YouTube • 7m

Idea Validation: Can a Wattpad alternative thrive in the Indian market?

6 replies6 likes

Download the medial app to read full posts, comements and news.