Tilaknagar Industries unveiled a new flavour under its Flandy range. Mansion House Flandy has now been launched in a ‘Green Apple’ flavour in the state of Telangana, to begin with.
Amit Dahanukar, Chairman and Managing Director, Tilaknagar Industries said, “Our Mansion House Premium Flavoured Brandy is a category-first innovation. It has been well-received across markets and its saliency, as a percentage of Mansion House Brandy in relevant states, has grown significantly. The launch of the all-new Green Apple flavour is a testimony to Flandy’s strong performance since its introduction in FY23 and is in line with our plans to further enhance our premium Brandy portfolio while strengthening our regional foothold.”
Tilaknagar Industries has seen a very encouraging response to its Flandy range in the state, aiding the company’s jump to become the fourth largest IMFL player and the third largest IMFL Prestige and Above (“P&A”) player, in Telangana, in FY24.
Telangana is one of the prominent IMFL markets and has one of the highest Prestige & Above (“P&A”) segment with over 50 per cent saliencies across IMFL industry in India. It is estimated that the Brandy P&A segment in the state has grown by 18 per cent in FY24, as compared to almost 8 per cent growth in IMFL P&A segment over the same period. Additionally, in terms of flavours, Green Apple is the largest selling flavour in the flavoured spirits category in the state, providing a large canvas for the brand to gain market share.
Ahmed Rahimtoola, Chief Marketing Officer, Tilaknagar Industries said, “We are first movers in the premium flavoured Brandy category in India. In addition to this, elevated demand for flavoured drinks and the predominant cocktail culture trend give Tilaknagar Industries a competitive advantage across markets. The new Green Apple variant of Mansion House Flandy is another step by TI to enrich consumer experience and drive growth.”
The Mansion House Flandy range has a blend of natural fruit flavours. The latest offering has been infused with sweet green apple essence which is complemented by the richness of oaky undertones.
In the previous financial year, Tilaknagar Industries volumes grew 16 per cent, year-on-year, in comparison to the overall IMFL industry growth of 2-3 per cent for the same period.
India stands out as one of the largest markets for Brandy, globally. Within IMFL, Brandy is the second-largest product category, accounting for more than 20 per cent share of the industry by volume. Moreover, the premium Brandy industry in India is expected to continue expanding market share within the overall prestige and above IMFL segment.