Diageo , the world's leading premium Drinks Company with iconic brands such as Johnnie Walker and Smirnoff in its portfolio, and Radico Khaitan Ltd, the second largest drinks company in India have reached an agreement to form a 50:50 joint venture to exploit the large and developing Indian made foreign liquor (IMFL) segment.
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| Radico Khaitan is not just a company of great brands, it is a company of great financials. The equity shares of the company are quoted on the Mumbai and National Stock Exchanges, and the company has more than 35,000 shareholders. It is the most profitable company in the domestic liquor industry. |
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