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Radico Khaitan builds Indian luxury spirits on provenance and premiumisation, selling in 100+ export markets

Our read

Radico will take Virasat abroad through its existing travel-retail network before the end of the horizon, backing premium exports with provenance rather than price.

For operators

With more than 60 of its 100+ export markets in duty-free or travel retail, Radico Khaitan shows that provenance-led Indian single malt and gin can win premium shelf space in travel retail, so buyers should test ranging Rampur, Jaisalmer Gin and, once it launches abroad, Virasat.

Watch

Announcement of Virasat's first overseas launch market or travel-retail listing

The report,

Radico Khaitan sells its spirits in more than 100 export markets and more than 60 duty-free or travel-retail markets, CMO Kunal Madan said. It launched Virasat single malt in India first, with international markets planned later.

Radico Khaitan sells in more than 100 export markets, over 60 of them duty-free or travel-retail
  • Export markets present inmore than 100
  • Duty-free or travel-retail marketsmore than 60

Newer report , , Financial Express : Radico Khaitan FY2026 revenue up 24.7% to ₹6,050.4 crore as 8PM and Magic Moments lift value to ₹60,000 crore

  • wudhomes: +Rs 2.5 crore pre-seed
  • MakeO: +₹90 Cr raised

Reported figures

From the report. Source details below

Jaisalmer Gin botanicals used: 11
Jaisalmer Gin botanicals from India: seven
Rampur launch in Las Vegas: about a decade ago

What to track next

  • Radico earnings commentary on premium mix and export growth
  • New duty-free or travel-retail listings for Rampur or Jaisalmer Gin beyond the current 60+
  • Rival Indian single malt brands announcing export or travel-retail expansions
  • Changes in import tariffs or trade terms affecting Indian spirits in key export markets

Likely next moves

Our read of what comes next — analysis, not reported by the source.

  • Radico Khaitan is likely to announce Virasat's first international markets, probably starting with travel-retail channels and existing Rampur distribution.
  • Expect Radico to keep leaning on provenance and craft in Rampur, Jaisalmer Gin and Virasat messaging rather than competing on price.
  • Rival Indian single malt and craft gin brands may step up travel-retail and export efforts to contest the 'Indian luxury' positioning.
  • Duty-free and travel-retail operators are likely to give Indian premium spirits more shelf space and promotions if early sell-through holds.
  • Radico may deepen presence in proven showcase markets, with Las Vegas-style on-premise visibility serving as a template for new entries.

The source

Source Read the source at CNBC-TV18 Published

First seen