Cobra Beer, founded by entrepreneur Lord Karan Bilimoria, is planning a major expansion in India with the acquisition of an existing brewery and the building of a new one. Lord Bilimoria told media on Sunday,
“Talks are currently at an advanced stage for acquisition of the brewery and once acquisition process is over we will upgrade it to our specifications,”
The UK-based Cobra Beer, which has an annual turnover of 126 million pounds (about 253 million USD) and is exporting to 50 countries worldwide, started its operations in Rajasthan at the Shivalika Brewery in January 2005.
