Globus Spirits (GSL) has announced that its franchisee bottling agreement with United Spirits (USL) in the state of Haryana. The initial contract will contribute volumes of 0.75 million cases per year and is expected to ramp up significantly going forward. The operations have already commenced on 20th April 2012 with bottling for Bagpiper Whisky and will be followed by Moghul Monarch and Derby Special.
The above agreement with USL is already in addition to the existing bottling tie-up with ABD for 1.2 million cases annually. The arrangement further strengthens GSL's alliances in the franchisee bottling segment and will enable guaranteed utilisation of capacities coupled with higher margins compared to the sale of bulk spirit.